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Aussie universities making more places available

Monday, 05 March 2012

Posted by Mozo

Australian universities are continuing to open up more courses to youngsters, new figures have suggested.

Official statistics have indicated that institutions across the country have taken on an extra 150,000 academics in the last five years, the Australian reports.

The government wants to see 40 per cent of all 25 to 34-year-olds in possession of a Bachelor degree in the near future. Changes are also being made to enable foreign students who have been enrolled on an Australian university course for two years to obtain a visa that permits them to work in the country for a further two years.

While this may sound like a positive thing, some education experts have stated that the extra competition may hinder youngsters looking to pump much-needed funds into their student bank accounts.

Andrew Norton of the Grattan Institute told the news provider that the extra competition means some graduates will be unable to find a job in their specific field once they leave higher education.

This means the financial hardships that most people encounter as students will continue for longer than they had hoped.

Have a question about student banking? Ask the money gurus at Mozo Answers.ADNFCR-1761-ID-801309864-ADNFCR

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