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Profile & Trends 2008: New Zealand's Tertiary Education Sector

This is edition 11 in an annual series on the tertiary education sector. Profile & Trends 2008 has three supporting booklets – The tertiary education system, What the sector provides and Finding out more about tertiary education. It also has an associated set of tables available on the Tertiary Education Statistics page here on Education Counts.

The short articles in Profile & Trends 2008 cover the following topics: Recent changes to higher education policy and funding in Australia and Scotland; Trends in the demand for tertiary education; Trends in fields of study of bachelors degree graduates; and New Zealand’s industry training data.

Author: Tertiary Sector Performance Analysis and Reporting, Ministry of Education
Date Published: November 2009



Investing in knowledge and skills 

Government spending on tertiary education increased by 9.3 percent   in the year ended June 2009. Total government spending on tertiary   education, including operating costs and capital expenditure, was   $5.0 billion in 2009, compared to $4.6 billion in 2008. As a percentage   of gross domestic product, both total expenditure and operating   expenditure increased in 2009. Total tertiary expenditure accounted   for 2.8 percent of gross domestic product. The main difference between   the operating and total expenditure was the amount of Student Loan   Scheme lending that was treated as a capital expense. 

The number of equivalent full-time student places funded by the   Tertiary Education Commission increased in 2008. Government   spending on tuition subsidies also increased as a result of the increased   student places and increases in base funding rates. 

The average domestic fee per equivalent full-time student increased   by 6.8 percent at public tertiary education institutions. Part of this   increase was due to a continued move away from enrolments in lowcost   or zero-fee courses.

Figure 1.11: Government spending (June years) on tertiary education

Image of Figure 1.11: Government spending (June years) on tertiary education.

Source: Ministry of Education, Ministry of Social Development, Inland Revenue and Tertiary Education Commission

 

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