More information about this can be found here: http://ism-global.net/
Not sure what to make of all this, but it seems to be pretty cut and dry. It also seems to be void of the typical partisan politics associated with many protests. Also... this protest movement seems to have legs -- with many students around the world already actively organizing and protesting around these issues. I suspect that this may grow into a more comprehensive protest against the overall system and could likely lead to an international general strike.
Also, if you are interested in the issues surrounding a growing international student movement, you may appreciate the following article which deals with many of the subjects at hand: Values of a College Education. Although it focuses particularly on the university system within the United States, those of you in other countries may find it relevant to your situation as well.