And we pay for their education?

[avgas]

I'm not. That's the point, was rank stupidity to simply offer free loans across the board. Better to promote the skills that produce wealth, let the arts feteshists pay for their basket weaving 101 themselves.

I have no problem with the loan system. This is something that has to happen to create wealth. With any wealth, there needs to be some form of investment.
While art seems like a waste of space (in my eyes), so does climbing the worlds biggest mountain for sport.
Or throwing around a pig skin.

But regardless this is their contribution. And if they get paid for it - its still better than a dole bludger.
Or telesales.

[schrodingers cat]

American economics

Yep. Its sure working for them at the moment...

[Ocean1]

I have no problem with the loan system. This is something that has to happen to create wealth. With any wealth, there needs to be some form of investment.

And returns on that investment there certainly will be. In Europe.

And if they get paid for it - its still better than a dole bludger.
Or telesales.

But they don't, the vast majority of BA recipients fail to make it pay anything.

Unless they teach. In which case, we're routinely assured thay do it for love.

[avgas]

And returns on that investment there certainly will be. In Europe.
But they don't, the vast majority of BA recipients fail to make it pay anything.
Unless they teach. In which case, we're routinely assured thay do it for love.

So what are you going to do to change it.
Create jobs?
Or did someone walk on your lawn today?

If you re-read that article, its is lost income tax. So the context is that students are learning here (on a loan scheme) and going overseas to bigger brighter things - aka govt loses money.

Funny thing charlie, is at the same time as they go overseas - and we lose income tax
- We don't have to pay for them to stay. AKA bludgers
- We don't have to pay for their healthcare
- Most pay the loans back
- We get even more money through GST on international students

So remind me again how we lost something (other than the obvious IP) and gained nothing in return.

I am more concerned about the skilled workers (who may not have been students. Ditching NZ because digging holes in the aus desert pays 100K. Not for the $, but for the fact that they can help teach in NZ rather than immigrant teachers that are now required.

[Brian d marge]

There are a couple of fundamental problems with being a small but relatively wealthy country, with easy access to higher education.

Firstly, more people will end up educated than are actually required in a small job market, hence a number of them will head overseas in search of work. Some will then complain when they come back at nearly retiring age and can't find a job like this guy

Secondly, people will do interesting but largely pointless degrees, and then rather than pay off their studen loans on the wages you make asking if you want fries with that they bugger off overseas to work in a bar and live in poverty in London instead.

Doesn't really matter either way, if they don't come back the unemployable haven't cost us anything on the dole, if they come back when they want to come home and send their kiddies to a taxpayer funded school their debt is waiting for them.

Ha ?
the guy is educated and has experience , I ( as an employer would chew my right arm off for his knowledge)
Remember the heart surgeon saga ? this guy was the leading authority on open heart surgery , this guy wrote the book
He comes to NZ , NZ says , you must pass a test ( he does with flying colors ) , oh then you must ,,,and there was something else , cant remember ,
long story short , he accepts a posting from an Irish university loads of money ., all the research dollars he wants and a good life
well done NZ
Typical NZ , honestly I f I came back to NZ , at the age I am now , I would be looking at stacking shelves for woollies
yes there are Jobs i could do , and due to my experience would do very well ( sales engineer ) but due to the short sightedness of the recruiter , I wouldn't be holding my breath
you need to pull in around 1k a week to have a reasonable life style in NZ ( or have family , or be old )
Sorry but i have one shot at this life I'm not to keen on pushing shit up hill , and as for god-zone , hell even Australia has some nice scenery !

Get rid of the Anglo puritans , bring in the Chinese can do

Stephen

[Brian d marge]

Yep. Its sure working for them at the moment...

Hell yeah , gets any better and my wife would be Shomkingly HOT

Stephen