But to sustain this figure there is an urgent need to improve infrastructure and marketing campaigns, the International Education Advisory Council said in a report released today by Tertiary Education Minister Chris Bowen in Canberra.
Listing out 35 recommendations, the report said, "the sector has been through a well-documented period of change and uncertainty, resulting in a decline in foreign student numbers, but more students are on their way".
"Though such projections of likely outcomes are challenging, given the influence of external factors, the council's estimate that Australia can expect to be hosting an additional 117,000 international students by 2020 � a 30 per cent increase in today's figure," the report said.
The report added that Australia's international education activities generate more than 15 billion dollars of income annually, supporting more than 100,000 jobs. About 80 per cent of foreign students in Australia come from Asia.
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The report also talks of creating a Ministerial Co-ordinating Council for International Education chaired by Bowen, regulations to be refined and ensuring that foreign students maintain adequate English proficiency throughout their studies to prepare them for work experience and employment.
It also suggested to develop partnerships between Australian and overseas institutions for exchange of students.
Australia should increase promotion of Australian education sector in emerging regions, such as Latin America, Middle East and Africa, the report said.
Australian Council for Educational Research study has found that the higher education visas for Indian students fell from 34,200 in 2007-08 to 9750 in 2011-12.