AUSTRALIA's lucrative student accommodation sector is at risk, with cash strapped United States universities said to be preparing to open their doors to more foreign graduates in the wake of the economic downturn.

A cheaper US dollar, scores of student accommodation and faster visa approval times than Australia, should give the United States an edge, according to a report in The Australian's Higher Education section.

"The obvious implication is the market for foreign students will become moer competitive because you will have a lot of large and high-prestige universities competing for students," he said.

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