In this episode of HEDx Karl and Martin are joined by Sarah, a second year student at Monash University. She applauds the way they helped her through the challenges of 2020 and looks forward to some greater social interaction and some return to campus for 2021. The episode raises the prospect of the sleeping giant of disrupted value propositions in all of our universities for both international and domestic students and the need for third horizon planning to focus on the new business models that will be required. The clearest picture yet of the challenge the sector is facing.