Downturn Down Under

November 30, 2010

Central Queensland University’s main campus is located in prime territory for mining -- of coal, natural gas, nickel and precious stones (emeralds, rubies and sapphires). Australia’s is largely an extractive economy -- its two largest export industries are the mining of coal and iron ore -- but vying with gold mining for third is international education, which depends not on the removal of nonrenewable resources but on the importation of a renewable resource: students.

Article Source: Inside Higher Ed