End of the education gold rush?

International“Up until the onset of the world financial crisis, selling higher education to foreign students had become the new global gold rush for universities across the developed countries. Whereas 600,000 students went abroad to study for their degrees in 1975, by 2000 the number had hit 1.8 million, five years later it reached 2.7 million. This year, the number may even pass the three million mark – a 66% rise in less than a decade – unless, that is, the gold rush is about to end. If it does, it will not be just the wealthy western countries that will suffer. As the international education export market grew, so did the capacity of old and new education exporting countries to attract international students. At the same time, countries such as India and China began providing for their own students who traditionally looked abroad for higher education …” (more)

[Geoff Maslen, University World News, 19 April]

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