New Zealand hopes to cash in on higher ed.

We have read a lot about education being a catalyst that will bring countries out of poverty by properly educating its people, but in some areas of the world, it is education, specifically higher education,  that is creating a source of revenue in itself. In New Zealand international education has become the countries 5th largest export at about $2 billion. New Zealand universities charge much higher tuition prices to international students and it is something that they would like to grow in the coming years. Not only would a move like this provide revenue for the universities, but it will also bolster the ranks of the countries work force and internationalize the institutions and thus improving the country economically. And it all comes full circle...
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