News Summary

• Nous Group's strategies for getting out of the red has been adopted by many major schools.
• Critics call it the corporatization of higher education.
• In barely five years, this consultancy founded in Australia by ex-McKinsey types has capitalized on Canada’s crisis in university financing.
• Nous arrived in 2019 to find their new clients struggling against inflation, in many cases with tuition frozen and operating grants stagnant.
• But with budgets balanced thanks to high-paying foreign students, whose numbers have since been deeply cut with no new revenue stream to replace their tuition.