Tuition Fees and Living Costs for Overseas Student Essay

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| HI5003_ECONOMICS FOR BUSINESS | ASSIGNMENT-1 | | Dear sir, I’m a new student and I know, I’m very far away from due date as there were some problems encountered. First, I enrolled late when class was already running, second I had a graduation ceremony at Queensland on week 5 – 6 and when I was back to attend my class then I knew my blackboard didn’t show me anything then I requested to reception and finally able to access blackboard. So, it was already too late to do assignment-1. However, I put a lot of effort to finish this assignment and today able to submit. I hope you understand all my problems and give me excuse for this time and I would like to promise you from next time I’ll be in time even submit before due date. … Thanking you…… | | Youbaraj Adhikari | 5/18/2013 | | Table of Contents Introduction: 1 Tuition fees and living costs for overseas student rise 166 per cent: 2 Evaluation of the article: 5 The essence of the story: 5 Cost of studying and living: 6 Immigration rules: 6 Hikes in tuition fees: 6 Exchange rate: 7 Economic analysis: 7 Law of demand: 7 Availability of Substitute education: 8 Cost change and students budgets: 8 (Source: 9 Purchasing power of money: 9 View and recommendation: 10 Conclusion: 10 References: 11 Introduction: “Tuition fees and living costs for overseas student rise 166 per cent” is the title of an article written by Bernard Lane and published in the Australian daily newspaper “The Australian” on March 13, 2013. It has discussed in a different way by adding experts view and discussion with people who are doing research on the topic. Writer compared the present, past, and future tuition fees and living costs of international students. It mainly focused the present situation faced by overseas students in Australia compared with past and its competitor country who are

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