There are three big sources of revenue for Australian universities - Australian students, international students and research. The balance between all of these revenue sources is interdependent:
When you’re dealing with universities, it’s good to know what’s going on with each of these funding streams. About 22% of revenue comes from research grants, and a further 18% comes from international students (although in some universities, this can be up to 30%) - that’s over $4 billion.
Deloitte have just finished a report, paid for by Universities Australia (the body representing 39 Australian universities) which looks at the effects of changes in international student numbers. Of course, it may not be entirely unbiased - with education being a major export (third largest) for Australia, there’s an agenda here about ensuring the government support increasing international students. But it does contain some interesting reference points:
Read the full Deloitte Report ‘Broader implications from a downturn in international students’
Read ‘Lost international student enrolments may cost Australia billions’ on The Conversation
The cost of education is just as higher for students who are coming into the US. I believe that the online environment is become the new phase for all students. The cost are the same. What was the reason for the decrease int he funding.