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more, as is common in high-income countries. Even in coun-
                 tries in Africa, still at the “elite” phase with a GER of less than
                 15 percent, the demand for higher education is rapidly expan-
                 ding as a result of improved primary and secondary education
                 and an emerging middle-class. On the other hand, in countries
                 that have already moved far beyond a 50 percent GER (“uni-
                 versal enrollment”), such as in Canada, Japan, South Korea,
                 the U.K., and the U.S., continental Europe, and Australia, for
                 demographic and other reasons, the supply of tertiary places
                 is starting to exceed demand, in particular in STEM fields. (De
                 Wit and Altbach, 2021).
                 	 The implications of this massification process for higher
                 education are diverse. In the first place, it has resulted in a
                 substantive increase in private higher education, in particu-
                 lar in the Global South, by lack of sufficient public resources.
                 This private sector in many countries has even surpassed the
                 public sector, in number of institutions as well as students.
                 Latin America is an example and within that region countries
                 like Brazil and Mexico. This private sector also increasingly is
                 for-profit and that part of the private sector – compared to the
                 not-for-profit and public sector – in general operates at the
                 lower quality level of higher education.
                 	 In the second place, it has stimulated international de-
                 gree mobility of students, looking for a study opportunity el-
                 sewhere by lack of (quality) offer at home. This has resulted
                 in an ongoing increase of numbers of international students to
                 over 5 million before the start of the Covid-19 pandemic, then
                 stopped drastically in 2020-2021 and is picking up again in
                 2022-2023. Although the pandemic in combination with other
                 factors, such as geopolitical tensions with China and Russia,
                 has its impact on mobility patterns and numbers, the mid- and
                 long-term implications are still difficult to foresee. India seems
                 to have passed China as the main sending country and the
                 market share of the main English-speaking and teaching re-
                 ceiving countries is under pressure from more regional pla-
                 yers in the Global South.

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