Foreign students down by 50%

Discussion in 'Property Market Economics' started by standtall, 28th Feb, 2018.

Join Australia's most dynamic and respected property investment community
Tags:
  1. standtall

    standtall Well-Known Member

    Joined:
    19th Oct, 2015
    Posts:
    2,701
    Location:
    Sydney, NSW
  2. Someguy

    Someguy Well-Known Member

    Joined:
    11th Oct, 2017
    Posts:
    520
    Location:
    Sydney
    Not just the low end, well located apartments stacked to the rafters with bunk beds will take a hit, also the 1 bedroom apartments that the more affluent students live in (renting or owned/bought for by overseas parents)
     
  3. standtall

    standtall Well-Known Member

    Joined:
    19th Oct, 2015
    Posts:
    2,701
    Location:
    Sydney, NSW
    Lucky we didn’t build thousand of new apartments in last 2-3 years... NOT!!!!
     
  4. Otie

    Otie Well-Known Member

    Joined:
    26th Mar, 2016
    Posts:
    1,404
    Location:
    Vic
    Lucky most of us didn’t buy any of them!
     
    kingstreet75 and Joynz like this.
  5. petewargent

    petewargent Buyer's Agent

    Joined:
    5th Jul, 2015
    Posts:
    300
    Location:
    Australia
    If you read that article closely, foreign student numbers aren't down 50%, it's the drop in transitions that's of note...will that discourage future students? Probably to some extent it will.

    Policy on these visas is all over the shop, anyone would think they're making it up as they go along...!
     
  6. AlexV_Sydney

    AlexV_Sydney Well-Known Member

    Joined:
    12th Mar, 2017
    Posts:
    517
    Location:
    Sydney
    that's what I said before - we don't sell education, we sell PR.

    one of comments confirms that:

    I worked as a teaching/research academic in a Go8 University for many years. My teaching duties included coordinating a course in a science discipline.

    Many of the foreign fee-paying students had a minimal interest in the content of the course.

    Their sole interest was to get a degree (any degree) which they could then use as a "tick the box" exercise en route to getting permanent resident status here.
     
    Sydneysummer and Perthguy like this.
  7. Gockie

    Gockie Life is good ☺️ Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    14,781
    Location:
    Sydney
    I've got a 1 bedder near Sydney uni. Airbnb'ed. I'm not worried that international student numbers may drop - because in the area there is so much demand from other people anyway. It's a place I'd happily live, walk to work, 30 minutes and you have walked into the middle of the city.

    I am soon to get a repeat guest - Malaysian student, she first came with family 3 years ago and they will come again this June to see her graduate. (Mechanical Engineering student!). I asked her what her next plans were and she said a postgraduate research project....
    Hmmm. Glutton for punishment...

    On the other hand, I was a postgrad "Professional Accounting" student at Newcastle Uni in Sydney city and I think 80%+ of the students were Chinese and they weren't interested in the course. My feeling was, most of them had done Accounting as undergrads in China and were only here doing that course to gain residency.
     
    Last edited: 1st Mar, 2018
  8. hammer

    hammer Well-Known Member

    Joined:
    28th Aug, 2015
    Posts:
    2,863
    Location:
    Darwin
    I was most interested that the article said that the unis would now have to focus on actual course quality.

    Now there's a novel idea.....
     
    kingstreet75, Toon and Zoolander like this.
  9. KinG3o0o

    KinG3o0o Well-Known Member

    Joined:
    17th Jul, 2017
    Posts:
    1,075
    Location:
    Sydney
    didnt macquarie just launch a MD program that is not supported by hecs ?? full fee paying only, regardless if you are PR/citizen or foreign...

    australia education system in universities has been moving backwards for 10 + years now.. nothing new here.
     
    Last edited: 1st Mar, 2018
  10. truong

    truong Well-Known Member

    Joined:
    10th Jan, 2016
    Posts:
    276
    Location:
    Everywhere
    A friend who teaches at uni told me students from a particular country would come to him and offer cash if he would let them get their degree. When he refused and scolded them, one said she could easily find a more sympathetic professor. He was stunned.

    Funny thing is these students were similarly stunned by his flat refusal because they were expecting him, as a compatriot, to show more understanding.
     
  11. hash_investor

    hash_investor Well-Known Member

    Joined:
    11th Oct, 2015
    Posts:
    2,440
    Location:
    Sydney / Canberra
    nothing new here... amazing that its a news for some that students are not coming here just to study.

    here is another news for you guys, only a fraction of international students anywhere in the world are there to just study, I repeat 'anywhere'.
     
    Last edited: 1st Mar, 2018
  12. highlighter

    highlighter Well-Known Member

    Joined:
    2nd Jun, 2016
    Posts:
    930
    Location:
    Australia
    Not sure about the property market implications, but this seems like a good move honestly. When universities become focussed on getting as many through the door as possible, standards drop, and reputations go with them. A lot of universities seem to have lost their research focus and have instead become student churn factories. I think Julia Gillard made a huge mistake in uncapping places, extending them would have been better.

    My wife's youngest sister is onto her third degree, all of them maybe 30% complete. It's such a waste of money. This girl is not an academic person, has failed several classes, doesn't turn up, and is not going to get a useful degree even if she does eventually graduate.
     
    hobartchic likes this.
  13. AlexV_Sydney

    AlexV_Sydney Well-Known Member

    Joined:
    12th Mar, 2017
    Posts:
    517
    Location:
    Sydney
    yeah, probably you're right.

    here is some study: Return rates of European graduate students in the US : How many and... - only 1/3 of European students studing in US return back to Europe
     
  14. Perthguy

    Perthguy Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    11,767
    Location:
    Perth
    Sadly I have to agree with you on this. I have completed 2 degrees with a high level of international students. They were a lot more interested in getting the degree than engaging with the course material. With the students I studied with, it was to get a job back home.
     
    Dark Phoenix and AlexV_Sydney like this.
  15. KinG3o0o

    KinG3o0o Well-Known Member

    Joined:
    17th Jul, 2017
    Posts:
    1,075
    Location:
    Sydney
    of course, if you think about it, most countries offer free/scholarship or discounted tertiary education for their own citizen/pr.. unless u are pretty special going oversea to "study" is going to cost money,, if you going to harvard or oxford etc etc .. allot of money.

    so in that case anyone who go oversea to study are all on parents money, either the parents have money means the kids go oversea to do a degree, with that license to party and have fun

    the other one is the average or below average parents who scrap every cent for their kids to have a better education or life if that is possible, many of these will have to work part time to supplement their weekly expenses

    if they go back, having a degree from oversea also grant them better work opportunity and pay.

    at the end of the day its about the paper not the education.. sad but true..
     
  16. Someguy

    Someguy Well-Known Member

    Joined:
    11th Oct, 2017
    Posts:
    520
    Location:
    Sydney

    Can always just pay someone to do exams for them
     
  17. Zoolander

    Zoolander Well-Known Member

    Joined:
    15th Dec, 2016
    Posts:
    668
    Location:
    Sydney
    Probably won't notice its a different person sitting the exam either as long as BMI is similar.
     
    Blueskies likes this.
  18. hobartchic

    hobartchic Well-Known Member

    Joined:
    11th Sep, 2017
    Posts:
    1,513
    Location:
    Hobart
    Couldn't agree more. Cap the places and a degree means something, used to have to be in the top 20 per cent to have a good chance to get a place in grade 12. There's an incentive to work hard in the late nineties to get a place. Though I would not do a degree again. TAFE is far more useful and in many ways harder to achieve a result now.
     
    highlighter likes this.
  19. jins13

    jins13 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,358
    Location:
    Sydney
    A former colleague teaching in UNSW was told to pass international students, as long as the quality wasn't really embarrassing.

    I am for capping of some degrees and bringing the prestige back to some of the degrees offered. The standard should not be reduced just to cater for people not meeting the cut.
     
    highlighter likes this.
  20. KinG3o0o

    KinG3o0o Well-Known Member

    Joined:
    17th Jul, 2017
    Posts:
    1,075
    Location:
    Sydney
    who gonna play for the brand new building and robotic library that no one really need if thats the case ?