The coronavirus may deliver a painful economic hit to Australian universities, as Chinese students have had to defer their studies. Top universities stand to lose around 2 billion U.S. dollars in fees alone. This amount still “excludes the broader economic contribution from students to accommodation, tourism, and domestic consumption of goods and services.”
On February 1, Australia said all non-Australian citizens or permanent residents who have been to the Chinese mainland are not allowed to enter the country.
The outbreak began less than a month before Australia’s new academic year. Many of the 165,000 Chinese university students had returned home for the Spring Festival.
One-fifth of the University of Sydney’s revenue was made up of fees from Chinese students. It is extending its first “on campus date” to March 30. Other universities are also trying to mitigate the effects by offering online courses.