Techno-News Blog

May 28, 2021

Australia’s international education sector faces major slump, with students snubbing online learning

Filed under: Uncategorized — admin @ 12:19 am

Melissa Coade, the Mandarin

Modelling released by Victoria University’s Mitchell Institute has demonstrated the hit that the international education sector will take by the end of 2022 as a consequence of Australia’s borders staying shut. According to the modelling, the sector will shrink by over 50% to $20.5 billion by the end of 2022. By the end of 2019 the sector was worth $40.3 billion. “The trend is strongly down from this point onwards,” Report author Dr Peter Hurley said. “While most of the economy is recovering, Australia’s third-largest export sector is yet to hit bottom.”

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