Australian Universities See Students at Pre-Covid Levels by 2025
- ANZ estimates education exports add 0.4 ppt to Australia’s GDP
- Over 28,000 Chinese students returned to Australia last month
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Australia’s top universities expect student enrollments and revenues to return to pre-pandemic levels by 2025, bolstering the economy’s prospects at a time when rising interest rates and inflation cloud the outlook.
The resurgence will be driven by China, India, Vietnam and Indonesia, senior executives at the nation’s biggest universities told a parliamentary hearing in Sydney Thursday. They’re boosting investment to attract students by increasing the number of offshore campuses and by providing additional scholarships.