Published: April 11, 2020
Sector welcomes education minister’s guarantee of $18bn in funding, but says it’ll be a tough road ahead as international student revenue crashes
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Universities have warned a federal government guarantee of existing funding levels won’t be enough to prevent 21,000 job cuts in the next six months, as crashing international student revenue hits Australia’s third-largest export sector.
On Sunday the education minister, Dan Tehan, announced the federal government will guarantee $18bn of funding to universities this year, even if their domestic enrolments drop, and provide $100m of regulatory fee relief to the tertiary education sector, including private vocational education and training.
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