Australia continues its efforts to make it more difficult for international students to study in Australian universities. In its latest move, the government of Australia doubled the student visa fee.
Student visa fee was $710 previously which is now raised to $1,600, Australia authorities say’s funds will use for better education quality but experts claim that Australian government want to reduce the number of international students in the country.
Currently, Australia has the highest student visa fee ever seen. Here in the United Kingdom, the student visa fee is $900, which is much lower than Australia’s new visa fee.
A $ 48 billion industry
The international student economic industry is a significant contributor to the global economy. Countries like the United States, the United Kingdom, Canada, and Australia are popular destinations, attracting millions of students each year.
This industry generates billions of dollars annually through tuition fees, living expenses, and related services. international students also contribute to local economies by spending on housing, food, transportation, and other necessities.
According to some experts, the rise in housing prices and rents has forced the Australian government to reduce the number of international students in the country.
The Australian government has already made it difficult by imposing new requirements for international students, but now even the visa fee seems to be a target of this plan.
Who earn more from international students?
The one million international students studying in the United States contributed US$40.1 billion to the American economy during the 2022-23 academic year, says a report published online on 13 November by NAFSA: Association of International Educators.
A recent study revealed that international students beginning their studies in 2020/21 would contribute up to £41.9 billion to the UK economy. In contrast, the estimated cost for the UK to host these students and any dependents is £4.4 billion. This indicates a net benefit of £37.4 billion for the UK economy.
According to statista Due to COVID-19 lockdowns and entry restrictions, international student revenue plummeted in 2021 and 2022, reaching just 20.8 billion dollars in 2022. In 2023, the export income from international students studying in Australia recovered to around 36 billion Australian dollars.
Best alternatives for international students
For international students seeking alternatives to Australian universities, the United States stands out as a top destination. The U.S. is home to many of the world’s leading institutions, such as Harvard University, Stanford University, and the Massachusetts Institute of Technology (MIT).
These universities are renowned for their high-quality education, cutting-edge research facilities, and diverse campus environments. In addition, the U.S. offers a wide range of academic programs and extracurricular opportunities, allowing students to explore various interests and career paths.
Despite higher tuition fees, the potential return on investment through employment opportunities and scholarships makes the U.S. an attractive option.
The United Kingdom also presents a strong alternative with its prestigious universities like the University of Oxford, the University of Cambridge, and Imperial College London.
The UK is known for its rich academic heritage and rigorous academic standards. Programs are typically shorter in duration compared to other countries, with undergraduate degrees often completed in three years and master’s programs in one year, providing a faster route to entering the workforce.
The UK also offers a vibrant cultural experience, with historic cities and a diverse international student community. Additionally, recent changes in post-study work visas make the UK an appealing choice for students looking to gain work experience after graduation.
Canada is another excellent alternative, particularly for students seeking high-quality education in a welcoming and multicultural environment. Universities such as the University of Toronto, McGill University, and the University of British Columbia are internationally recognized for their academic excellence and research contributions.
Canada is known for its affordable tuition fees and cost of living compared to other top destinations. The country also offers generous post-study work opportunities and pathways to permanent residency, making it an ideal choice for students planning to build a future there.
With its safe cities, stunning natural landscapes, and inclusive society, Canada provides a supportive and enriching experience for international students.
