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

 
Legendary Bassist David Friesen Plays Wellington’s Newest Jazz Venue

Friesen is touring New Zealand to promote his latest album Another Time, Another Place, recorded live at Auckland's Creative Jazz Club in 2015. More>>

Howard Davis Review: The Father - Descending Into The Depths of Dementia

Florian Zeller's dazzling drama The Father explores the effects of a deeply unsettling illness that affects 62,000 Kiwis, a number expected to grow to 102,000 by 2030. More>>


Howard Davis Review: Blade Runner Redivivus

When Ridley Scott's innovative, neo-noir, sci-fi flick Blade Runner was originally released in 1982, at a cost of over $45 million, it was a commercial bomb. More>>

14-21 October: New Zealand Improv Festival In Wellington

Imagined curses, Shibuya’s traffic, the apocalypse, and motherhood have little in common, but all these and more serve as inspiration for the eclectic improvised offerings coming to BATS Theatre this October for the annual New Zealand Improv Festival. More>>

ALSO:

Bird Of The Year Off To A Flying Start

The competition asks New Zealanders to vote for their favourite bird in the hopes of raising awareness of the threats they face. More>>

Scoop Review Of Books:
K Emma Ng's Old Asian, New Asian

This book, written by a young second-generation Chinese New Zealander, gives many examples of the racism that Asian New Zealanders experience. More>>

 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION