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What's worse than a degree and a student loan debt?

24/10/2018

 
The Answer: A part finished degree with a student loan debt.

​Figures released this week show that 36% of bachelor degree students do not complete their degree. Some students find that the quality of the degree, or teaching institution, is not worth spending more time and money on, others find that tertiary education is not for them. For some it is the realisation that the jobs will not be there for them when they graduate. Lachlan Maclean, a biology and computer science student stated that:​
"It's a lot of money to be going to university. There's really no point continuing, doing three more years, if you're going to get a mediocre job out of it."
Our view is that the system is deeply flawed. Nevertheless, we have what we have, for now. Our advice to people thinking about spending tens of thousands of dollars on tertiary education is to be sure that this is what you want, to be sure that the cost is going to be worth the anticipated future return, and that the quality is acceptable.

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