Tertiary education system set up to preserve status quo: Productivity Commission

Tertiary education system set up to preserve status quo: Productivity Commission
Pattrick Smellie
By Pattrick Smellie Sept. 28 (BusinessDesk) - New Zealand's tertiary education system is set up in ways that preserve the status quo, discourage innovation, encourage high-cost models, and reward the largest providers for gaming the system to be able to 'cry poor', the Productivity Commission's interim report on the sector concludes. While the focus of most reporting on the report, published this morning, has been on rejection by all major political parties of its suggestion that student loans should be interest-bearing, the commission's...