Economic ramifications of the COVID-19 pandemic for higher education: a circuit breaker in Australian universities’ business model?
John J. Ross
Abstract
In this reflective piece, I consider the degree to which Australian universities have become financially dependent on income from foreign students, the reasons for that dependence, the risks it poses and the potential consequences now that COVID-19 has undermined this revenue stream.
Topics & Concepts
Coronavirus disease 2019 (COVID-19)PandemicRevenue2019-20 coronavirus outbreakSevere acute respiratory syndrome coronavirus 2 (SARS-CoV-2)BusinessCircuit breakerEconomicsPolitical scienceFinanceEngineeringVirologyMedicineElectrical engineeringInfectious disease (medical specialty)PathologyDiseaseOutbreakLong-Term Effects of COVID-19COVID-19 Pandemic ImpactsCOVID-19 and Mental Health