WHO SAID WHAT
Mauricio Espinosa Moncada,
president, AMTE, Mexico “
Robert Hsiung,
China CEO, EMERITUS
ISSUE #26 | THE PIE REVIEW | 29
Demand in China is not declining, but
destinations are changing and evolving.
The US market has always been the
primary market in terms of international
education. And as you know, the demand
has changed recently, especially because of
the trade war between China and the US.
The demand is there, it’s just dependant on
the environment, the macro-environment,
that might shift from one country to
another one. But I don’t think the appetite
to study overseas is going to reduce.
“
Nicolas Chu,
CEO & founder, Sinorbis, Australia
What really concerns me
is that the world is changing fast,
and we are not noticing many
of these changes. We could lose
students if we don’t adapt as fast
as possible. We talk with many
associations around the world
– with associations in Germany,
Ireland, Colombia. I really believe
that we have to act like a block. We
have to prepare many things – just
a few countries have good statistics
about education.
“
Offline degrees are incredibly
expensive. The cost to deliver them is
huge and for the students there’s also
a high opportunity cost from taking
a break in their careers to invest in a
degree. A lot of students are realising
that the price is difficult to justify as
the prices have risen over the past 10
years or so by 8-10 per cent per year!
Compare that to average inflation of
2 per cent per year for all other goods
and services.
“
There’s a
high cost from
taking a career
break to invest
in a degree
“
“We could
lose students if
we don’t adapt
I don’t think
the appetite to
study overseas is
going to reduce