
The Australian 3 August 2012 International student numbers have plummeted to a five-year low as the high Australian dollar, problems over visa processing and competition from the US continue to hammer the once-buoyant sector. Education has fallen from the third-most profitable export industry (behind iron ore and coal) to fifth. An 8.5% slump in overseas student enrolments in the year to June sliced $1.34 billion off the sector's value. It still contributed $14.7billion in export dollars but that was down 18% from $18bn in 2009-10. Enrolments from China, the source of one in three international students, are down 8% and Indian numbers are down nearly 25%. University … [Read more...]