This week the National-led Government announced we are spending $55 million for almost 3000 extra university places over the next two years.
There will be another 1580 places next year and an extra 1315 in 2012. This follows 765 new university places already announced in the Budget for 2011.
The extra funding comes from changes to lift performance and accountability, and reprioritise under-spending in industry training. Next year, funded university places will be the highest ever at about 119,000. Across the core tertiary sector there will be about 16,500 more places than in 2008.
This is good news for students and their families. It's also good news for the wider economy as the significant increase in university graduates will help boost future economic growth.
More information: http://www.beehive.govt.nz/release/govt+shifts+55+million+more+student+places
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