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    Government’s reforms giving more students the opportunity to get high paid jobs

    Chris Evans posted Tuesday, 12 July 2011

    A report released today by the National Centre for Vocational Education Research shows that participation in higher education and VET courses can mean wage advantages to participants of up to 19 percent.

    Further analysis also shows university completion premiums tend to increase over time, from about 10% for females and 7% for males after one year, to about 16% for females and 12% for males three years after.

    The Minister for Tertiary Education, Senator Chris Evans welcomed the report and said it was an endorsement of the Gillard Government’s reforms and record investment in tertiary education.

    “The Gillard Government understands the importance of building a skilled workforce and ensuring that all Australian’s have the opportunity to get qualifications so they can access the high skilled high paying jobs of the future.
    “The Gillard Government’s reforms and investments are now paying dividends.
    “As a direct result of the reforms the Gillard Government introduced, we have seen close to 100,000 additional students grasp the opportunity of a university education since 2007.
    “Many of these students will be the very first members of their family to have the opportunity to attend university,” Senator Evans said.
    “There are also a record number of students now in Australian Government funded training places demonstrating the impact of the Labor Government’s $10.9 billion investment in Vocational Education and Training.

    “The Gillard Government’s reforms have given more Australian’s than ever before the opportunity to access the high paying jobs of the future.

    “The fact that more students than ever before are in education and training is not only good news in itself but it is also a fundamental economic reform which is central to lifting Australia’s productivity.
    “Skilling the nation’s workforce is critical to Australia’s prosperity in the long-term and a key response to the challenge of an ageing population.”
     

    Tags: Jobs, Students