Policy ‘band-aids’ degrade international education system
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The latest data from the Department of Education shows there were a record 1,018,799 enrolments in the year to September 2024, up 128,447 from the prior year.
As illustrated in the following table, universities (higher education) experienced annual enrolment growth of 64,217, whereas VET enrolments grew by 63,876.
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Growth in enrolments since 2019 was highest in the VET sector (42%).
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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.