Oil/Gas Slump Hits International Schools Market

The International School Consultancy (ISC Research), which tracks data on the worlds K-12 English-medium international schools market, is predicting that many schools will see a sharp drop in enrolments this fall, as families do not return to expatriate postings after the summer break.

Schools in Malaysia, Singapore and the Middle East will be the hardest hit, according to Richard Gaskell, director for international schools at ISC Research.

The result is that many energy companies, from the small independents to the multinational giants such as Royal Dutch Shell  and BP, have been forced to lay-off staff.