Friday 16 January 2009

The Economist: UK international education market

Just came across this interesting article in the Economist which provides a snap shot of the UK international education market.

It picks up the theme of increasing global competition in the international education market which I've looked at in earlier posts. The article discusses how universities in the UK are increasingly turning to the private sector to help them recruit international students.

Increasing global competition is a challenge for all institutions, but it is not all doom and gloom. As competition increases so will demand. IDP predicts that global demand for international higher education will grow from 2.173 million in 2005 to 3.720 million in 2025. This is growth of 71% over 20 years, or compound growth of 2.7% per year.

So the pie will get bigger, but there are more competitors who want a slice.



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