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As Australia mulls over cap on international students, universities fear financial hit
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Many Australian universities depend heavily on the intake of international students to sustain themselves financially.
PHOTO: ISTOCKPHOTO
SYDNEY – Australia is set to introduce controversial caps on international student numbers, amid pressure to reduce migrant inflows and ease a housing crisis ahead of an election due by May 2025.
The move is expected to take a financial toll on the country’s universities – many of which depend heavily on the intake of international students to sustain themselves – and puts at risk tens of thousands of jobs and the institutions’ global reputations.
