Post-secondary schools in Prince Edward Island are losing millions in revenue this year after the federal government cracked down on the number of international students they can accept.
Holland College is reporting an 11 per cent reduction in first-year international student enrolment in 2024, resulting in a revenue loss of about $1 million.
For the University of Prince Edward Island, the loss is even more dramatic.
Its first-year international student enrolment dropped by about half compared to last year, resulting in a loss of about $3 million in revenue.
“The number that we have down — we can still easily take in double that number of students,” said Wendy Rodgers, UPEI’s president and vice-chancellor.
“We have room for them.”
UPEI president Wendy Rodgers says universities across Canada will have to readjust budgets and rethink enrolment numbers as Ottawa cuts back on the number of international students coming to Canada. As for UPEI, Rodgers tells CBC …