Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 

Education Is A Poor Investment

18 June 02

What is the good in getting an education that incurs a debt you may never pay back?

“A student loan is a extra personal tax for life. Tax that far outweighs the benefit from an education that does not even guarantee a job or a high income,” says Julie Pettett, president of the Aotearoa Tertiary Students Association (ATSA). “The argument that this debt is an investment in your future does not hold true.”

“In today’s environment people need a qualification to get a job. Sadly, the cost of education is more than most of these qualifications will return,” Ms Pettett says.

“A student training to be a chef, and a student doing a BA will incur a similar debt, yet their earning potential is not the same. The loans scheme is a time bomb and needs more changes than the government is promising," Pettett says.

“The financial and social effects of the scheme are horrendous.”

ENDS


© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 


Howard Davis Review: Pretty Maids All In A Row - Mary Queen of Scots

The disproportionate attention paid by the film industry to a figure of minor historical significance once again confirms that any story involving sex, murder, and political intrigue will always trump historical accuracy at the box office. More>>

Howard Davis Review: Wild at Heart - The Happy Prince and At Eternity's Gate

Besides being exact contemporaries who were born and died prematurely within a year of each other, Oscar Wilde and Vincent van Gogh shared the cautionary experience of being outcast and repudiated in their brief lifetimes. More>>

"Our Pride": Auckland Pride 2019 Programme Announcement

Auckland Pride Festival returns in 2019, celebrating the diversity of the rainbow experience in Tāmaki Makaurau and reconnecting with grassroots communities across the region, fromFebruary 1-17. More>>

ALSO:



Sir Stephen Robert Tindall, KNZM"Congratulations To Our Honours Recipients"

One hundred and ninety six New Zealanders were congratulated by Prime Minister Jacinda Ardern for their contributions to New Zealand and our communities… More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland