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
SML - Synlait Milk Limited - Trading Halt of Securities
AIA - Auckland Airport announces board chair changes
AIA - Auckland Airport announces board chair changes
CEN - Tauhara commissioning progress update
FPH initiates voluntary limited recall
March 28th Morning Report
KFL Celebrates 20 Years of Excellence in Investment Mgmt.
SVR - Savor FY24 Earnings Guidance & Change in Banking Partner
NZK - NZ King Salmon Investments Limited FY24 Results
March 27th Morning Report