Let`s take a look at the tuition fees in 2010 when the editor went to school.
At that time, the cost of each business course at the University of Melbourne was $3,000, eight a year, with a total tuition of $24,000 per year.
And in 2019, the tuition fee for international students in business at the University of Melbourne was already?
$42784 / year!
Now you can pay a down payment for a small apartment in Melbourne for a year!
In 10 years, the increase in tuition fees for business students at the University of Melbourne was (42784 / 24000) / 24000 = 78.27%
Tuition fees for each course rose from $3,000 in the same year to $5384today!
Now the students who come to Australia to study, there are mines at home ah!
The industrialization of education, for Australia, is true!
From 2013 to 2017, the share of international students contributing to Australian university tuition rose from 16.3% to 23.3%, with more than five years contributing $7.5 billion in tuition fees!
In Victoria, foreign students contribute the highest percentage of tuition fees in Australia. Especially RMIT, the University of Melbourne, and Monash..
Among the three universities, foreign students contributed more than 1 / 3 of their total tuition fees.
Although tuition fees are rising every year, the number of foreign students is only increasing.
On 30 June last year, the Bureau of Statistics gave the following figures:
In FY17 / 18, there were 486934 overseas students across Australia.
The figure is up 10% from the previous fiscal year.
Chinese students accounted for nearly 1 / 4 of the total, up 7.8% from the previous fiscal year.
Today, the education industry contributes $32 billion a year to Australia`s economy!
And Chinese students contributed a large part of it, can be said to be Australian universities can not ignore the cash machine.
