University quantitative easing has killed education standards
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I have said it before and I will say it again: a university degree in Australia used to mean something, but no longer does.
It used to be that to gain entry to a decent course at a decent institution, students were required to work hard at school and gain a tertiary entrance score above a high threshold.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.