International student market faces $8 billion hit from coronavirus travel ban

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Education Minister Dan Tehan will on Monday meet with Universities Australia to discuss how to minimise the impact on international education providers.

Australia's education industry is facing an $8 billion hit from the travel ban on visitors from China as the sector grapples with how to confront the wider effects of the deadly coronavirus.

"Most of the new and continuing students have been caught off guard because many were brought home to celebrate Chinese new year," he said. "Australia's long-term education sector reputation will be damaged or compromised if we are too strict on refund and course deferral fee charges," he said. "We will be trying to gain consensus around fees and charges protocols."Mr Honeywood said the taskforce would also discuss the scope for universities and schools to offer students in China video and online teaching.

Source: News Formal (newsformal.com)

 

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And, may this be a lesson to this corrupt education export business created not for education but for trade. Let those establishments who have EXPLOITED our education standards for bums on seats go broke like never seen before.

Meanwhile, courier companies and online retailers such as Australia Post and ebay don’t appear to have made any move to ban packages from coronavirus infected China.

Another zionist creation.. spreading fear on the goy, has never been easier.

May be we will get better standards. It is very hard to fail someone spending over 20k per year for a course! Isn't it?

Universities driven by greed, greed leads to excess.....and excess leads to correction. Education sector should suffer, financial markets as well. This is good......

Universities it's time to focus on education quality rather than infustrature.

no sympathy unis have been treating Chinese students as cash cows to build their empires like new labs n new wings They thought they had a windfall

Cut the humanities dept

Why are we putting $ values on health? A dead student isn't worth anything at all.

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