New entrants to the Uni market

Competition amongst universities is heating up already with some freezing prices. Now we see this:

NEW Zealand universities could be the big winners from the ­Abbott government’s deregulation of course fees, with students likely to be able to complete an entire degree for the same cost as a ­single year in Australia.

So competition will act as a brake on excessive fee increases – and for the value conscious consumer New Zealand beckons.

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45 Responses to New entrants to the Uni market

  1. tgs

    News like this really puts Greg Jericho’s whining today on the Drum about the deregulated university sector inevitable ending up as a rent seeking oligarchy in its place.

  2. Snoopy

    I have an acquaintance doing a medical degree in Cyprus.

  3. .

    Snoopy

    I looked into that programme and the one in the pacific islands for a mate. He was also interested in the UOW grad programme.

    What say you of the Cyrpiot/UK grad medicine degree?

  4. Baldrick

    According to the ABC -

    University students will be forced to pay an average of double the existing fee to study at universities under the Abbott Government’s proposed reforms to higher education, according to new modelling provided by Universities Australia (UA). People wanting to study climate science would be charged 110 per cent more.

    Ohh happy days!

  5. Infidel Tiger

    Going to Otago Uni and spending the money you saved on piss and girls would be the greatest career move a young man could make.

  6. .

    I know someone who did just that!

  7. Token

    Going to Otago Uni and spending the money you saved on piss and girls would be the greatest career move a young man could make.

    Some of our young guys might actually learn how to play rugby…

  8. Infidel Tiger

    I know someone who did just that!

    G Montgomery Bird?

  9. Old School Conservative

    IT, this is 2014. Girls have an equal opportunity to spend the money you saved on piss and girls boys.

  10. JC

    Yea, but missed out of the girls.

  11. JC

    Yea, but missed out on the girls.

  12. TonyOrlando

    Going to Otago Uni and spending the money you saved on piss and girls would be the greatest career move a young man could make.

    Indeed, piss and girls are both extremely cheap in Dunedin.

    Comparing Queensland and Otago
    http://www.otago.ac.nz/study/fees/
    http://www.uq.edu.au/study/indicative-fees.html?level=ugrd&nationality=australian&dual_degree=False
    Most courses are a bit cheaper (with the exception of medicine), but that would be swallowed up by trans-location costs, lack of family support, harder to find part time work (and lower paid), probably no student allowances (if eligible – unless your parents are dead or unemployed) and a student loans scheme that charges real interest rates.

  13. JC

    Dot

    Isn’t there a rape and mysogny culture in NZ unis?

  14. Alfonso

    Greg’s gonna be pissed….rapid results as the market comes to get the rentseekers.

    The thuck unkle thing with the girls is something to do with too much dairy.

  15. Snoopy

    What say you of the Cyrpiot/UK grad medicine degree?

    I don’t know much about it, dot.

  16. Max

    Do you think any of the new entrants to the Uni market would launch a BEcon focusing on Free Markets, Classical Economics, Austrian Economics and Milton Freeman?

  17. .

    Isn’t there a rape and mysogny culture in NZ unis?

    I asked Rebecca Wilson and she said it was the All Blacks fault, but only the white players. She also said it was disgusting that anyone could question her moralising.

  18. Helen

    NZ Uni would be a fabulous experience. Oh lucky students of today.

  19. Alf

    Yeah, cause so many Australians are going to NZ to study. Bollocks. Looks like future generations will be saddled with the evil debt after all. Let’s see if it happens before we trumpet the faultless virtues of the free market.

  20. Notafan

    Wouldn’t Australians undertaking an approved course overseas remain eligible for Austudy if they are eligible here? If centrelink were to approve NZ courses (if not so already) then it might be very good for students.

  21. .

    Is debt not evil if someone else pays for it?

  22. James

    What you forgot to mention Sinclair (and which one without a Australian subscription cannot see) is that fees have to be paid upfront for Australians in NZ.

    New Zealand universities are also shit house.

  23. James

    Do you think any of the new entrants to the Uni market would launch a BEcon focusing on Free Markets, Classical Economics, Austrian Economics and Milton Freeman?

    Bachelor of Basketweaving has more real world applications.

  24. .

    Hmm yes no one would EVER get a job if they understood trade economics, monetary economics or theories which are subscribed to at Merrill Lynch etc…

    Or run their own advisory and investment firm like Peter Schiff.

    Useless!

    We must enrol in reading Proudhon!

  25. Token

    New Zealand universities are also shit house.

    Hello, Deakin University, there is hope for you.

  26. Richard

    Errrr, this is hardly a surprise. For years it has been possible to do a degree at a particular prominent Western Australian university for about $35000 per year, and the (NOT SO) big secret is that it has been possible to do EXACTLY the same degree in Singapore and end up with exactly the same degree from the same university (the degree doesnt state where you did your study) for a total of $35000 across all 3 years. Been that way since at least 2007

  27. James

    Hmm yes no one would EVER get a job if they understood trade economics, monetary economics or theories which are subscribed to at Merrill Lynch etc…

    Yes. Merrill Lynch embraces graduates in economics from B-grade Australian universities who understand trade economics rather than actual skills in quantitative analysis.

  28. .

    “A” universities economics courses have turned to shit mate.

    Merrill Lynch writes about Austrian theory in their client newsletters and forecasts.

  29. Bruce of Newcastle

    Popper was a Kiwi, so that would be a big plus for a BEc degree in any of the constituent parts of the old UNZ.

    As for an Oz university forget it, unless you like kangaroo knitting and being in debt your whole life.

  30. Max

    Yeah sorry I left Popper off my list – also def include that. a big plus is that most of the books are available as free pdfs from the Mises institute and great Friedman materials are available on you tube.

  31. Pyrmonter

    Bruce, Popper spent the war in NZ – he was an Austrian German who later settled in England.

  32. Fibro

    Am I missing the whole schebang here? Uni funding costs are out of control. Why? Because the courses being offered are out of control.

    The net effect of deregulating fees and introducing competition amongst universities both local and foreign is that they will be more competitive for the subjects that matter and less for those that don’t. I have only met one VC in my life and all that mattered was the prestige of the uni on the results in the major disciplines.

    So Sydney Uni for example will still want to attract the best brains in Science, Medicine, Physics and Mathematics. They will price the fees to do so, and/or increase scholarships to do so. What they will also likely do is to desist or price up the rent seeker Arts courses in basket weaving.

    Perfect outcome I woudl have thought.

  33. Token

    …Merrill Lynch embraces graduates in economics from B-grade Australian universities who understand trade economics…

    Good news that we seek for all graduates to be employed at ML. Too bad they will not be.

    Do you think there is a chance that there may be people coming out of Australian universities which may not need an education at the standard you seem to be communicate is norm? Do you think there is a chance that students in places like the Bathurst and Dookie may not be getting that standard?

    We haven’t had a good strawman in a while. Great work James :)

  34. Token

    Why? Because the courses being offered are out of control.

    Why shouldn’t nurses be trained to a point where they believe they are too good to clean up the bodily fluids of patients?

  35. Fibro

    More to the point Token, why should we have to fund thsi in the first place. Surely it is called being on the job?

  36. Token

    …why should we have to fund thsi in the first place. Surely it is called being on the job?

    There are way too many people who should be in TAFE doing overpriced TAFE courses in universities (let alone the people racking up and debt wasting taxpayer funds).

  37. RodClarke

    Do you think there is a chance that there may be people coming out of Australian universities which may not need an education at the standard you seem to be communicate is norm?

    Yes – you need a multi-layered system – the first year at my Uni would comprise an apprenticeship in Microsoft Excel – Business applications. I’d turn out the best spreadsheet jockeys in the Business. And make them watch “free to choose” on youtube and read Henry Hazlitts Economics in one lesson.

    http://mises.org/books/economics_in_one_lesson_hazlitt.pdf

    The Chartered Firms used to get their best people with their “sandwich” programmes mixing of apprenticeships style work and then theory (but the apprenticeship came first)

  38. Would they huve a lunguage tust for duspucable Ustraluans?

  39. sabrina

    Do not know about the learning outcome, it will be interesting to see if a degree in NZ results in one indirect path towards Australian immigration.

  40. Gretchen Sleeman

    Biggest question of all would be what percentage of average Australian Year 12 graduates would be able to meet the basic entrance standards in English and Maths of overseas Universities.

  41. .

    Why do you presume they are any better than ours? America has had the same problems for longer.

    Well a lot of our kids couldn’t get into Cal Tech or MIT. Don’t presume Harvard or NYU etc are going to be harder than a sandstone or a Dawkins.

  42. boy on a bike

    In my day, you wandered off to Hobart if you wanted a cheap degree with low entry requirements.

  43. Bruce of Newcastle

    So Sydney Uni for example will still want to attract the best brains in Science, Medicine, Physics and Mathematics

    ‘Liberal Arts and Science” is the lowest ATAR for entry into Uni Syd of any course, at just over 70. When I signed up for science back in the seventies it was the same. STEM is the Cinderella story, except my experience is you earn big bucks once you graduate. But students don’t like hard dirty subjects nowadays. Fools.

  44. Beertruk

    Going to Otago Uni and spending the money you saved on piss and girls would be the greatest career move a young man could make.

    And when you finish your course at the Uni, you will leave as a rabid Otago Rugby Union supporter. :-D

  45. Andrew

    this is 2014. Girls have an equal opportunity to spend the money you saved on piss and girls STET.

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