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

 


Future projections for tertiary students released

6 December 2012

Future projections for tertiary students released

The future for the generation of young New Zealanders who enter tertiary education in the next five years has become clearer from several sets of official information released by the Government this week.

Incoming student presidents who are part of the NZ Union of Students’ Associations (NZUSA) have been considering likely trends in the tertiary education sector at a series of workshops this week with various experts. This has included reviewing some of the data contained in this week’s annual releases about student loans and allowances, as well as a mountain of 61 documents just released by the Government under the Official Information Act.

Key pointers to current trends are:

• Although there will be fewer students a greater proportion are being put in the position of taking out larger loans. The flow of people into tertiary education is expected to flat line, or reduce. This is in line with a demographic dip in the number of 18-22 year olds, but the policy expectation is also based on the assumption that slow improvements in the job market and lower returns from tertiary education will see more people choose paid work over vocational training and postgraduate study (which has otherwise been increasing).

• The proportion of women accessing student support is now decreasing for the first time in almost two decades (down from a highpoint of 59.6% in 2004 to 55% in 2011). The total number of women with student loans in 2010 topped 124,000 – 28% above the number of male borrowers.

• A reduction access to Student Allowances thus making study less affordable.

• A reduction in the number of mature students, part-time students and a significant fall in the participation in tertiary education by Māori and Pasifika students (slipping backwards by 6% and 5% respectively between 2010 and 2011).

Policy thinking revealed from reviewing segments of this year’s Budget advice included MSD official’s arguments against stripping allowance eligibility from postgraduate students due to the likelihood of negative impacts, and Treasury’s advice against increasing the loan repayment threshold because of its unknown impact on Effective Marginal Tax Rates. Other proposals that were mooted by officials, but rejected or put on hold, were:

• A proposal to have different loan repayment rates for higher earners

• Dropping the parent/household allowance threshold for accessing a full Student Allowance from parents/households earning $55,000 or less, to $41,000 or less, which would have immediately impacted on as many as 26,000 students

A drive towards putting students under ever-greater financial pressures was noted, as evident in the average exit debt of new graduates escalating to $22,060 – the highest level since the loan scheme began twenty years ago.

A concern was also raised that the employment projections behind 2012 Budget decisions seem optimistic given youth unemployment is at a historical high. Treasury projections were that levels at or above 10% unemployment for 20 to 24 year olds will continue for at least another year, and that unemployment 15-19 year olds will stay above 20% for the next 1-2 years.

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Cap Bocage: Anti-Mining Campaign Doco Debuts At NZ Film Festival

Playing at this year’s New Zealand International Film Festival, Cap Bocage is a close-up exploration of the forces that came into play when environmental issues and indigenous rights became intertwined in New Caledonia ... More>>

Film Fest:

More Film:

Sharon Ellis Review: A View From The Bridge

Arthur Miller’s A View From the Bridge is Circa’s latest big production, it opened on Saturday 19 July and it is a stunning triumph. More>>

Māori Language Week: He Karanga Kia Kaha Ake Te Tīhau Ki Te Reo Māori

The Māori Language Commission wishes to see social media swamped with Māori language tweets and messages for Te Wiki o te Reo Māori using the hashtag #tekupu. More>>

ALSO:

Book Vote: Kiwis Prefer Young Adult & Classics

To compile their Top 100 List for 2014, Whitcoulls again asked New Zealanders to vote for their favourite books and authors. And while classic novels continue to appeal to Kiwi readers, 2014 marks a significant new trend – the increasing popularity of novels for young adults. More>>

ALSO:

Five NZ Cities: Bill Bailey Back To The Southern Hemisphere

The gap between how we imagine our lives to be and how they really are is the subject of Bill’s new show Limboland. With his trademark intelligence and sharp wit, he tells tales of finding himself in this halfway place. More>>

Scoop Review Of Books: Book Television Is Coming

Carole Beu of The Women’s Bookshop in Auckland, Graham Beattie of The Book Blog and producer Deb Faith of FaceTV have raised enough money via crowd funding at Boosted – just under $7,000 so far – for 12 episodes, which begin production in September, and will be on screen later that month. More>>

Electric Sheep: Light Nelson Exceeds All Expectations

Light Nelson exceeded all expectations drawing over 40,000 people over two nights to the Queens Gardens and surrounds. The event, with over 40 installations from local and national artists, is in its second year, and organisers were hoping they’d top last year’s crowd of 16,000. More>>

MacGyver: Richard Dean Anderson To Attend Armageddon This October

New Zealand’s biggest pulp-culture event, the Armageddon Expo is proud to announce the world’s most recognised DIY action hero will be attending the Auckland event at the ASB Showgrounds from October 24th to 27th. More>>

ALSO:

Barbershop Gold: Māori Party Singing Praises Of The Musical Island Boys

The Maori Party has congratulated four young men on a mission, who in 2002 took up barbershop singing at Tawa College, and tonight took out the Gold Medal in the 2014 International Barbershop Harmony Society competitions in Las Vegas. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news