Universities warn of 'significant' job cuts as international student caps threaten business model

  • 📰 abcnews
  • ⏱ Reading Time:
  • 94 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 86%
  • Publisher: 83%

International Students News

University,Student Caps,Education Industry

More than 1,000 workers could soon lose their jobs as Australia's universities aggressively cut costs ahead of the federal government's proposed international student caps.

International students come to Australia pursuing a cap and gown, but it is a different kind of cap causing the universities major concern.More than 1,000 workers could soon lose their jobs as Australia's universities aggressively cut costs ahead of the federal government's proposed international student caps, which are expected to take effect next year.

It has also been spending more than it earns for years, recording a deficit of more than $400 million between 2020 and 2023.Photo shows A graphic of two women in graduation outfits, against a purple background with a red graph line over the top. However, hundreds of ANU staff have already been called into meetings to be informed their future employment is looking uncertain.

"Some regional and rural universities could see an uplift in new international enrolments by something like 70 or 80 per cent, so the impact will be highly uneven."The University of Canberra has revealed it will sack at least 200 staff as part of an "urgent and significant" overhaul to save $50 million in ongoing expenditure.

Overall, S&P has given very high credit ratings to Australia's top universities, including the University of Melbourne, ANU and the University of New South Wales."The proposed international student caps will be a credit negative, but we are waiting to see how university management teams respond to these caps.

"Unfortunately, student caps are very far from the solution. What it means is we'll be taking fewer international students who want to study nursing, and these are students we desperately need," Professor Williams said. "It's actually very hard to educate domestic students with government funding to the level that our community would expect."

"So, for me, I think it's about reconnecting with the basics, the fact that we're here for our students and community. Dr Babones, who teaches sociology at the University of Sydney, says this has led to some lectures being "dumbed down". "These aren't occasional occurrences. This is now the dominant mode of education at some of Australia's most prestigious universities."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines