Friday 1st February 2008 |
Text too small? |
"The interest-free student loan policy is costing New Zealanders more than half a billion dollars each year - money that New Zealand as a whole gets no social value from. Adding in 'repayment bonuses' will make that cost even higher.
"This is money that is being diverted from funding teachers, facilities and world-class research.
"We have severe skills shortages in our workplaces and many young people are leaving school without enough skills to contribute to the workplace. Tertiary institutions can't get the funding to attract and keep key staff.
"There is some good work going on in education policy, but much more needs to be done. Pouring money into interest-free student loans is not addressing our fundamental needs in tertiary education."
No comments yet
Second St John withdrawal of labour takes effect tomorrow with further strikes likely
Sanford Appoints Independent Director
CRP ADVISES CLOSURE OF SHARE OFFER TO EXISTING INVESTOR
Devon Funds Morning Note - 14 August 2024
OCR 5.25% - Monetary restraint tempered as inflation converges on target
Consumers still need due diligence as new deposit takers emerge.
Woolworths strike: staff asked to dress up in Disney costumes for a week on their own dollar
Turners Invests in Quashed Online Insurance Platform
PGW Reports on Challenging Year
Arvida Announces Executive Team Changes