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May 03, 2026, 07:24:49 pm

Author Topic: Is Australia admitting too many students into university?  (Read 935 times)  Share 

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Orb

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Is Australia admitting too many students into university?
« on: October 18, 2018, 06:00:17 am »
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Very interested on thoughts on this topic especially given the marginal (but tangible) increases in rates of many high performing students being unable to find competitively paid jobs out of university.

At the same time, it definitely funnels substantial amounts of money into the economy (especially from international students).




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Chelsea f.c.

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Re: Is Australia admitting too many students into university?
« Reply #1 on: October 18, 2018, 11:39:32 pm »
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Don't know where you coming from... but if wage is marginal product of labour which I may argue is enhanced by education (you may disagree) then more education leads to higher wages which contributes to savings and is invested to create capital which then produces output... isn't that good???

And if Australia is to maintain its high standard of living where low end jobs are being eroded by globalization then it needs highly educated individuals that are capable of providing services e.g. education (international students)

I know you argue that a glut of bachelors degrees will decrease it's worth... but what's the alternative... that boat has sailed!
Bachelor of Commerce (Honours) Finance - UoM - 2019
Bachelor of Commerce - Economics and Finance - UoM - 2015 - 2018
Diploma in Mathematical Sciences - Statistics and Stochastic Processes - UoM - 2015 - 2018

Orb

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Re: Is Australia admitting too many students into university?
« Reply #2 on: October 19, 2018, 12:31:07 am »
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How much value do you think university provides in its current state?

What are your thoughts on allowing everyone into whatever course they want to study as opposed to even having an admissions requirement?
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Chelsea f.c.

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Re: Is Australia admitting too many students into university?
« Reply #3 on: October 19, 2018, 01:01:59 am »
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The value is what you make of it... and given a certain supply of places (as determined by institution) competition will lead to efficient outcome...

Of course you want people to finish degrees and to make the most of the opportunity so maybe better education on how it works

Judging from waiting for marks to come out in previous years you got a good degree and that should hold you in good stead =)
Bachelor of Commerce (Honours) Finance - UoM - 2019
Bachelor of Commerce - Economics and Finance - UoM - 2015 - 2018
Diploma in Mathematical Sciences - Statistics and Stochastic Processes - UoM - 2015 - 2018