CHINA SCHOOL STUDENTS ARE THE NEXT BIG MARKET FOR AUSTRALIA
With rising incomes and the growth of the Chinese middle class, more students from China are seeking education elsewhere in an effort to escape the extraordinary difficult Gaokao (Chinese school-leaving exam), and Australia is becoming a more common choice. The institution discussed in the article charges AUD $20,000 per year in tuition and between AUD$15-20,000 per year in accommodation.
There is also a trend by international education companies in China buying schools overseas to help cater for the demand from Chinese parents. International schools in Australia typically have a cap on the numbers of international students that they will accept.
This seems like a good thing for Australian education institutions as the overseas student s fees from the Chinese students are very helpful to the schools in providing these services to Australian children as well.