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The Forum > General Discussion > Are universities simply a new bank?

Are universities simply a new bank?

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An analysis of student enrolment trends between 2009 and 2013, showed a 26.6 per cent increase in domestic undergraduate students, with large increases at some other universities.

Alternatively, there was evidence (from others) that universities are willing to provide supply at current funding rates, and very few universities are showing signs of financial stress in their accounts.

http://www.theaustralian.com.au/higher-education/demand-driven-enrolment-system-near-saturation/story-e6frgcjx-1227360610419

I'm already seeing the university advertisements encouraging students to sign up to their "accounts".

A rip off, or good value for money?
Posted by NathanJ, Friday, 31 July 2015 2:21:00 PM
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Are universities simply a new bank? judging by many graduates Yes
Posted by runner, Friday, 31 July 2015 3:39:04 PM
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With unemployment set to increase in 2016. University may be a safe haven and gain extra knowledge for the long term future.
Employment has stagnated and will remain so until we have elections to clear the air. All of those university students are not classed as unemployed.
Blame Abbott for creating an atmosphere of uncertainty and not knowing what to believe.
Posted by doog, Friday, 31 July 2015 4:10:26 PM
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Not a new bank - a very old one!
Posted by Yuyutsu, Friday, 31 July 2015 5:16:38 PM
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All those who go to see university trained professionals like vets, lawyers, or medical professionals need to be thankful for university educations, or else you are all hypocrites.

We need more affordable university courses so that all intelligent people can go there if they choose and they achieve the correct marks, and not just those with the money to afford the exorbitant fees now charged.
Posted by Suseonline, Friday, 31 July 2015 7:32:53 PM
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Nathan, forty years ago when I left school I could have gone to uni and studdied for free then get a job paying say $5K a year. A pensioner was a person retiring from work in their mid 60's and, there were somewhere in the order of twenty tax payers per pensioner.

Nowadays a pensioner is anyone of old age, a single mum, or someone with what can often be described as a fake disability, not to make il of genuine disabled persons. We also had few arriving, either invited or illegally who saw us for the easy target we are when it comes to scamming the system.

So here we are today, some forty years later, with an outdated tax system that is fighting a loosing battle trying to keep up with the hand out brigade yet it appears you still expect this mother pig, with ten tits and fifteen piglets to not only provide for the retirees, with more in the order of just two tax payers supporting each one, but you also expect free education right up to the day these graduates pull their five figure incomes.

Which part of 'we can't afford it all' are you having trouble understanding?

I hate to think where we will be placed forty years from today.
Posted by rehctub, Friday, 31 July 2015 9:36:03 PM
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