The Market Monitor Digest (week 32/2024)
It's our pleasure to be your go-to for the week’s key industry news. Thanks to the information collected by the BONARD Market Monitor team, you can now keep your finger on the industry pulse.
International Education
Australia: How Australia could introduce a cap on international students & protect uni funding
By Victoria University, August 7, 2024
There are more than 850,000 current and former international students living in Australia. This means there are more international students in Australia than people living in Canberra. While this brings enormous benefits, including A$48 billion per year to the economy, the situation also needs to be managed.
China & UK: Transnational higher education - Lessons from China
By Cheryl Yu, Aug 05, 2024
China’s transnational education (TNE) policies incentivise overseas universities and colleges to engage in TNE in China. Equally, growing unemployment is likely to further boost student demand for locally taught international courses and degrees.
New Zealand: Education New Zealand targets $4.4 billion by 2027
By Education New Zealand, Aug 05, 2024
Education New Zealand Manapou ki te Ao (ENZ) today announced its plan to grow the international education sector over the next three years. The strategy, which aims to build the economic contribution of international education to $4.4 billion by 2027, focuses on growing and diversifying the number of international students studying in New Zealand.
Nigeria: 63% of Nigerian youth aim for global mobility - PTE provides the language key
By BusinessDay, Aug 06, 2024
As Nigerians increasingly pursue international education, work opportunities, and seek greater global mobility, the demand for reliable and efficient English language proficiency assessments has soared. In response to this growing need, the Pearson Test of English(PTE) is gaining increased recognition in the Nigerian market.
UK: UK universities regulator plans for looming insolvencies
By Amy Borrett & Peter Foster, Aug 05, 2024
The universities regulator has announced a contract of up to £4mn for professional services companies to manage a potential wave of insolvencies, as the sector faces a looming funding crisis.
UK: QS survey highlights UK as leading destination for international students seeking quality education
By Delilah Kealy-Roberts, Aug 07, 2024
The UK remains a top destination for international students, with 49 per cent of respondents who expressed interest in the UK in the QS International Student Survey 2024 saying it is their preferred destination.
US & Ghana: Vast disparities in visa wait times revealed across US embassies
By Polly Nash, Aug 07, 2024
The data, updated by the US government in July 2024, showed the longest visa appointment wait times of 361 days for students from Accra, Ghana, while many Indian embassies have cut down wait times to less than four weeks.
US & Canada: CEL expands to Vancouver through St Giles partnership
By Matthew Knott, Aug 05, 2024
US-based ELT group CEL College of English Language has announced an expansion into Canada through a strategic partnership with St Giles International Vancouver.
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