PC takes aim at oversupplied demand-driven uni system

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By Leith van Onselen

The Productivity Commission’s (PC) deputy chair, Karen Chester, has questioned the merits of Australia’s demand driven university system and says the agency will investigate whether the policy of uncapped university enrolments is resulting in working effectively and delivering graduates who are not sufficiently prepared for the workforce. From The Australian:

Karen Chester said the Productivity Commission was examining the potential failure of over-­attended universities to deliver job-ready students in “a world of uncapped demand”.

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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.