Foreign students can no longer be relied upon to bankroll our universities |
Foreign students can no longer be relied upon to bankroll our universities
May 22, 2026 — 4:33pm
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Foreign students proved a godsend when Canberra turned away from adequately funding universities, but exporting education may have peaked as a ready source of income and hard decisions now lie ahead for our halls of knowledge and the Albanese government.
The University of NSW and the University of Sydney illustrate how our best and brightest institutions have become dependent on exporting education: they each reported revenue of $1.7 billion from international students, gobbling up 68 per cent of the state’s $5.1 billion haul from foreigners. The Herald’s higher education reporter Sally Rawsthorne also noted nine of NSW’s 10 universities reaped an increase in revenue from international........