Fees-Free’s Fatal Flaw

act-new-zealand

Thu Mar 08 2018 13:00:00 GMT+1300 (New Zealand Daylight Time)

Fees-Free’s Fatal Flaw

Thursday, 8 March 2018, 7:02 pm
Press Release: ACT New Zealand

"Chris Hipkins has confirmed the Government will this year waste about $38 million of taxpayer money on its flagship fees-free policy”, says ACT Leader David Seymour.

“In response to a select committee question, Hipkins said the dropout rate for first year students studying a bachelor’s degree was 14 per cent.

“‘Fees-free’ will cost $275 million this year, so New Zealanders can except about $38 million of their taxes to deliver exactly nothing.

“This is a colossal waste, even by Labour’s standards.

“‘Fees-free’ is a subsidy for well-off kids who would have gone to university anyway and who will earn much more over their lives than non-graduates.

”Hipkins should admit failure and scrap it now", says Mr Seymour.

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