Abstract
International education does not have to be a business; for many schools, it still is not. Following the changes described in the previous chapters, a business of international education has developed. How does this business operate? How has corporatization changed international schools?
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- 1.
Newly-established schools in the higher price range cost USD 200–300 million to start, depending on the location. A valuation of Nord Anglia Education in 2017 put its schools at an average value of USD 100 million per school (Deveau 2017).
- 2.
Fieldwork conducted on Dec. 1, 2014 at an international school in Singapore.
- 3.
IGCSE is also nonprofit. IPC is for-profit.
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Kim, H. (2019). The Business of International Education. In: How Global Capital is Remaking International Education. SpringerBriefs in Education. Springer, Singapore. https://doi.org/10.1007/978-981-32-9672-5_6
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