Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

More Kiwis studying at degree or higher levels

More Kiwis studying at degree or higher levels


56 per cent of study by New Zealanders was at degree or postgraduate level in 2013 compared to 48 per cent 10 years ago, Tertiary Education, Skills and Employment Minister Steven Joyce says.

The Tertiary education enrolments 2013 report released today shows there was continued growth in enrolments in higher qualifications by younger students, while enrolments fell for older students as employment prospects improved.

Mr Joyce says demand for tertiary education remains high with 418,000 students enrolled in formal study programmes last year.

“In part, this is due to the improved performance of school students in NCEA, coupled with the Government’s emphasis to have more young people achieve at level 4 or higher on the New Zealand Qualifications Framework,” Mr Joyce says.

People with a bachelors degree or higher qualification on average earn 62 per cent more than those without a qualification. This was reinforced in a second report released today, What Young Graduates Earn When They Leave Study.

“This updated research shows a large jump in earnings between those who hold a degree compared to those with a lower level qualification, and the return for those who study in some particular fields of study is greater,” Mr Joyce says.

“Bachelors-degree graduates who studied medicine earn around $110,000 a year five years after leaving study. That is more than twice the earnings, on average, of other bachelors-degree graduates.”

The new data shows that other fields of study where bachelors graduates earn more than $60,000 after seven years include banking, accountancy, law, information technology, pharmacy, radiography, business and management, mathematics, earth sciences, geomatic engineering, and electrical and electronic engineering technology.

Mr Joyce points out that many of these higher-earning fields involve science, technology, engineering and mathematics (STEM) subjects.

“I would recommend those students who enjoy maths and science study these subjects through to Year 13 at school, and seriously consider studying them at tertiary level.

“The information in this report will be useful for students of all ages when considering their study options and the earning potential of those options.”

Mr Joyce says New Zealand is on track to meet the Government’s Better Public Services target of 55 per cent of the population aged 25 to 34 years with a level 4 or higher qualification by 2017.

“The Government is committed to increasing achievement in the tertiary sector. We will continue to see more enrolments at higher levels while foundation-level learning will be reserved for those that need that second chance to get on the ladder of achievement and higher wages,” Mr Joyce says.

“Having more people studying at higher levels of tertiary education means a more highly skilled labour market. Higher skills mean higher paying jobs for New Zealanders and their families.”

Tertiary education enrolments 2013 is available at: http://www.educationcounts.govt.nz/publications/80898/146820

What Young Graduates Earn When They Leave Study is available at:http://www.educationcounts.govt.nz/publications/80898/146542

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The
America’s Cup

The fact New Zealand now reigns supreme once again in the most sophisticated contest in the world’s most elite sport – yacht racing – can’t help but reflect the trajectory the country has been on since the 1980s...

Elite sport used to feel more like a collective, shared experience. It was our team, composed of people who lived and worked like us. Now, not so much. More>>

 

PM's Press Conference: Red Socks And Secret Tapes

Prime Minister Bill English began his post-cabinet press conference by explaining how well the National Party's annual conference went. He also mentioned today's announcement of changes to the EQC disaster insurance legislation and wished Emirates Team New Zealand well in the America's Cup. More>>

Max Rashbrooke: On How To Make Government More Open

International surveys, while often complimentary, have also pinpointed major weaknesses: political donations are badly regulated, for instance, and appointments to government boards frequently go to those with strong political connections. More>>

In Court: Hamilton Student's Lawsuit Over Climate Change Policy

A law student from Hamilton is preparing to challenge the Government in the High Court on Monday over what she says is a “failure” to properly address climate change. More>>

ALSO:

Gordon Campbell: On The Fallout From The Barclay Tape

This is hardly a case of cleaning out your desk and being turfed out onto the pavement. As others have pointed out, the disgraced Clutha-Southland MP will remain on the public payroll for three months until the election, and for three months afterwards. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election
 
 
 
  • PublicAddress
  • Pundit
  • Kiwiblog