Seven Australian universities are at risk of losing their Top 100 World Rankings due to an 'over-reliance' on international students from China.
Australian Catholic University Vice-Chancellor and President Greg Craven said local universities are 'addicted' to Chinese students, who pay $7billion to study in Australia each year.
Making matters worse, the Chinese Ministry of Education warned its students against studying in Australia amid a trade war between the two countries.
Australian Catholic University Vice-Chancellor and President Greg Craven (pictured) said local universities are 'addicted' to Chinese students, who pay $7billion to study in Australia each yearInsurance Loans Mortgage Attorney Credit Lawyer
'The old system of relying on international students is over, it's finished,' Mr Craven said, according to The Australian.
'The wider market has collapsed and there is no certainty about when it will come back. And with the Chinese market — which universities were reliant on — there is not just the issue of Covid but possibly sovereign risk.
'They (university leaders) all knew about the issue with China. I would go on panels and publicly warn about this, and the other vice-chancellors would say nothing. It was like a drug-addiction.'
Mr Craven said Australian universities will be forced to reduce their spending and will therefore lose their Top 100 rankings.
Seven Australian universities are in the QS World University Rankings for 2021.
They are, in order, the Australian National University, the University of Sydney, the University of Melbourne, the University of NSW, the University of Queensland, Monash University, and the University of Western Australia.
The only Group of Eight university not included in the Top 100 was the University of Adelaide, which was ranked 106.
A group of women at their graduation ceremony at the ACU. Mr Craven predicts Go8 universities will lower their admission marks in order to poach domestic students from mid-tier institutions like ACU