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$38m wasted on dropouts

09/03/2018

This is a bribe to the more affluent at the expense of many who really need help.

Homepaddock

Even the very few people who think making the first year or tertiary study fee-free must acknowledge that wasting $38m on dropouts is not good use of public money:

Students aren’t paying, but the taxpayer will. According to 2013 data, 14 percent of first year university students failed to complete their studies.

In its first year, the fees free policy will cost $275 million. If 14 percent of students drop out that means a potential $38 million could be spent on them.

The Government expects more people will enrol as a result of the policy – so in its second year, it will cost $372 million.

If dropout rates remain the same, that means a potential waste of $58 million.

“The government is giving money to rich kids and wasting it,” Mr Seymour said.

The $38 million is on top of what taxpayers already cover in fees for those…

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