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

 

Architecture:
Ian Athfield Dies In Wellington

New Zealand Institute of Architects: It is with great sadness that we inform Members that Sir Ian Athfield, one of New Zealand's finest architects, has passed away in Wellington. More>>

ALSO:

Wellington Production: New-Look Tracy Brothers Are F.A.B.

ITV and New Zealand’s Pukeko Pictures today released an exclusive preview of the new-look Tracy brothers from this year’s hotly anticipated new series, Thunderbirds Are Go. More>>

ALSO:

Cardinal Numbers:
Pope Francis Names Archbishop From NZ Among New Cardinals

Announcing a list of bishops to be made Cardinals in February Pope Francis named Archbishop John Dew, Archbishop of Wellington, overnight from Rome. On hearing the news of the announcement, Archbishop John Dew said "This news is recognition of the Catholic Church in Aotearoa New Zealand, and the contribution it makes to the global Catholic family." More>>

ALSO:

Nomenclature: Charlotte And Oliver Top Baby Names For 2014

Charlotte and Oliver were the most popular names for newborn girls and boys in 2014... The top 100 girls’ and boys’ names make up a small proportion of the more than 12,000 unique first names registered for children born this year, says Jeff Montgomery, Registrar-General of Births, Deaths and Marriage. More>>

Werewolf: Katniss Joins The News Team

From the outset, the Hunger Games series has dwelt obsessively on the ways that media images infiltrate our public and personal lives... From that grim starting point, Mockingjay Part One takes the process a few stages further. There is very little of the film that does not involve the characters (a) being on screens (b) making propaganda footage to be screened and (c) reacting to what other characters have been doing on screens. More>>

ALSO:

Scoop Review Of Books: Ko Witi Te Kaituhituhi

Witi Ihimaera, the distinguished Māori author and the first Māori to publish a book of short stories and a novel, has adopted a new genre with his latest book. But despite its subtitle, this book is a great deal more than a memoir of childhood. More>>

Werewolf: Rescuing Paul Robeson

Would it be any harder these days, for the US government to destroy the career of a famous American entertainer and disappear them from history – purely because of their political beliefs? You would hope so. In 1940, Paul Robeson – a gifted black athlete, singer, film star, Shakespearean actor and orator – was one of the most beloved entertainers on the planet. More>>

ALSO:

"Not A Competition... A Quest": Chapman Tripp Theatre Award Winners

Big winners on the night were Equivocation (Promising Newcomer, Best Costume, Best Director and Production of the Year), Kiss the Fish (Best Music Composition, Outstanding New NZ Play and Best Supporting Actress), and Watch (Best Set, Best Sound Design and Outstanding Performance). More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news