Abstract
Neoliberal reforms have resulted in educational consumerism. But recent labor market data shows that increasing the number of university graduates is not producing corresponding economic success. Many graduates now work in nongraduate jobs. Nevertheless, universities have expanded their global student markets as they see the growth of international students as a panacea for the decline in domestic students. But the reliance on a limitless flow of fee-paying international students cannot be maintained, as their home countries’ universities are growing their own capacities.
Keywords: Apprenticeship, Educational Consumerism, Skill-Based and Work- Based Training.