The education industry may be the only one doing well during these times.
According to a new BBC report, fees from International students "were now a bigger source of income for most universities than research grants".
Not surprising. I pay almost three times as compared to a UK/ EU student.
There were also more foreign students from non-EU countries (1 in 10) as compared to EU enrolments (1 in 20).
Students from China make up the biggest population of foreign students. There were also a high number of Indian post-graduate students.
Read the full report "Foreigners 'prop up' universities".