The IELTS Co-Owner Lost 94% of Its Value. The Reason: Visas.

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IDP and the Business of Study Abroad: Fewer Visas, Fewer Students

When Canada, the UK, Australia and the US tightened student visas, the IELTS co-owner placed about half as many students, and its profit nearly disappeared.

Dhawal Shah Oct 20, 2026

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