Are Australian Universities Too Dependent on Chinese Students?

A report by a University of Sydney sociologist argues that Australian universities are taking “massive financial risks” by overrelying on tuition from Chinese students, Times Higher Education reported.

The study from the Center for Independent Studies argues that institutions assume they will be bailed out by the government if necessary because they are "too big to fail."

“When you’re managing investments, the rule of thumb is you never have more than 5 percent of your portfolio in any one asset class,” said the report’s author, Salvatore Babones. “Some Australian universities are relying on China for 20 percent of their revenue.”