Universities crater entry standards to juice enrolments

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Earlier this month, The AFR reported that nearly half of all Australians aged under 25 were studying a bachelor degree at university:

University is now the destination of choice for nearly half of all young people in Australia, with new Productivity Commission data revealing that nationally 47.8 per cent of people aged under 25 are enrolled in a bachelor degree.

The statistics are confirmation that a push by the former Rudd government to increase participation rates to 40 per cent have been successful…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.