Tertiary education vital tool in economic recovery

27 January 2012

Tertiary education vital tool in economic recovery

New data from the OECD shows that countries that invested in tertiary education weathered the global financial crisis better than those that did not.

TEU national president Dr Sandra Grey says the data is yet another signal to the minister of tertiary education that he needs to change his approach.

"It's pretty self-evident that investing in tertiary education helps protect people and countries from economic troubles. It is a shame our current government has chosen to systematically cut hundreds of millions of dollars from tertiary education since 2009."

"New Zealand has great tertiary education institutions, great students and great teachers. With a little more belief and support from government we could lead New Zealand's recovery from the economic downturn. Instead, because of savage government cuts we are also mired in our own internal downturn," said Dr Grey.

http://www.teu.ac.nz

ENDS