$1.38 million more

Universities NZ have an interesting publication that reveals a typical bachelor’s degree graduate will earn $1.38 million more over their working life than a non-graduate.

That’s a pretty good return on investment of say a $30,000 or so student loan. Bargain of a lifetime some would say.

Yet despite this, ’s policy is to tax all New Zealanders an extra $1.2 billion a year and use that money to give to students so they don’t have to pay any course fees at all.

Isn’t that a terrible policy?

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