Campuses may lose $2bn in fees

Original article by Tim Dodd, Heidi Han
The Australian – Page: 7 : 7-Feb-20

The federal government’s travel ban has prevented nearly 100,000 Chinese university students from arriving in Australia for the start of the academic year. S&P Global says the universities’ operating margins will be hit if the travel restrictions are not lifted in the next few weeks. The firm estimates that the travel ban could cost universities up to $2bn in fees, and notes that the broader economy will also be impacted. Some universities will offer online courses for the first several weeks of the semester.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s