No money in budget, just shuffling and cuts

The prime minister, John Key, and the minister of tertiary education skills and employment, Steven Joyce, this week foreshadowed several tertiary education budget initiatives.

Mr Joyce told Radio New Zealand that he would be shifting funding away from humanities and commerce towards maths, science, engineering and technology.

"We pay a higher subsidy for humanities and commerce than the Australians do, we pay a lower subsidy for science and engineering."

"That tends to mean that universities are a bit more biased towards those other subjects because we end up paying, probably, a little bit more than they need to encourage those subjects and not enough for the science, technology and engineering subjects," Mr Joyce said.

His statements follow a Tertiary Education Commission edict to tertiary institutions to increase enrolments next year in science, technology, engineering and maths and, if necessary, to cut other courses to do that.

Meanwhile Mr Key told business leaders it would be another zero budget, and, to help achieve that, people with student loans, who currently pay back 10 cents for each dollar they earn, will have to pay them back faster. Then Mr Joyce said that the government would cut allowance costs by ensuring allowances are targeted at those in the early years of study and to those that can least afford it.

NZUSA president Pete Hodkinson said that any cuts to allowances would reduce access, denying New Zealanders an opportunity to improve their lives, and would lead to greater debt.

ENDS

© Scoop Media