Universities turn degrees into toilet paper

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Earlier this year, Productivity Commission data revealed that 47.8% of Australians aged under 25 were enrolled in a bachelor degree at university. In turn, it confirmed that the Rudd Government’s goal to increase university participation rates to 40% have been exceeded.

According to data published on the federal government’s Course Seeker website, this explosion in enrolments has been achieved by scraping the bottom of the barrel, with 221 different bachelor degrees offering university places to students with Australian Tertiary Admission Rank (ATAR) scores below 50 – the bottom 10% of high school leavers:

“Low university-entry scores for teaching degrees is a growing concern”, [Australian Education Union president Correna Haythorpe warned]…

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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.