Universities dread recession in China

“The possibility of China going into recession poses a ‘cataclysmic’ threat to global higher education, Prof Malcolm Gillies, vice-chancellor of City University, London, warned today. He told a seminar on globalisation that the world of international higher education was going to get colder. ‘We’re in a world where we can see a whole lot of factors. It’s getting chillier and we don’t know what bits will get frozen out or who will take the competitive advantage and break through. But if China does go into recession, that’s more cataclysmic than anything else,’ he told a Higher Education Policy Institute (HEPI) seminar. UK universities have relied on income from overseas students’ fees up until now, but the seminar heard that the period of growth in international students was over. Gillies said that Australian universities, whose academic year starts in February, had reported huge numbers of international students from China, Korea and Japan deferring their places …” (more)

[Anthea Lipsett, Guardian, 27 January]

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  1. You Have the Power » Blog Archive » Universities Dread Recession in China « Ninth Level Ireland Says:

    […] But if China does go into recession, that’s more cataclysmic than anything else,’ he told a Higher Education Policy Institute (HEPI) seminar. UK universities have relied on income from overseas students’ fees up until now, …$anchor_text[$anchor_choice] […]

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