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News
| Chinese students left stranded in Meridian collapse |
| Monday, 09 November 2009 |
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Chinese students and their parents have been warned to pay special attention when selecting private colleges in Australia following the collapse of Global Campus Management Group after it failed to repay debts of A$20 million.
Global Campus Management Group, a provider of international education in the secondary school, English language and vocational education and training sector went into voluntary administration on Friday and includes the GCM Fashion Institute, the Meridian International School, Meridian International Hotel School, International Design School and Meridian College. The collapse is the biggest in a spate of closures in the Australian private college sector and has left 3,400 international students, including up to 1000 Chinese students in Melbourne and Sydney, in limbo. Australian education minister Julia Gillard has pledged all affected students will be found new places or refunded their fees. Emergency meetings are being conducted in Melbourne and Sydney this week to assist students. The sector has been hit with closures this year following a government visa and regulatory crackdown as well as negative publicity in India – a key growth market – following a spate of assaults on international students and an expose on fraud and exploitation throughout the industry. China's consulate general in Sydney said in a statement that around 400 Chinese students had been studying at Meridian International, but did not release numbers for the other four affected colleges and warned Chinese students and their parents to take special care when selecting schools in Australia. |
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