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Last week, I published an article on the diminishing value of having a university degree, whereby due to exploding student numbers on the back of the uncapping of Australian university places, the economy has become massively oversupplied with university graduates:
Leading to poor employment outcomes, despite the massive cost to the Budget as well as university students:
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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.