PERHAPS it isn’t surprising that the Australian Scholarship Group, which offers families education savings-fund products, is tipping more sharp increases in the cost of university degrees.
After all, warning people of the high cost of education is an important part of “selling” the services of the non-profit organisation.
That aside, it’s a fact that university education has become a costly item for many Australian families.
Eurobodalla people who choose to move to the cities are faced with especially high costs.
Regional universities may be cheaper than those in the capital cities, but their degree courses are hardly inexpensive. Acquiring a degree costs serious money, no matter where it comes from.
As the urban jobs market continues to evolve and service industries grow in importance relative to traditional blue-collar employers, the harder it becomes for those without tertiary education to find rewarding work.
Universities are responding to this trend, and to government cost-cutting, by shifting their focus towards career-oriented courses.
More people are investing more in university education, more are owing large sums in education loans and more funds are flowing through the university system.
The Australian Scholar-
ship Group has issued a new report predicting the cost of higher education will rise by 50 per cent over the next decade.
At the same time universities are striving to cut their costs.
As degrees become more essential, universities must ensure the educational content of the products they sell is not compromised.