Saturday, August 7, 2010

On Skilled Wages and student loans

Kia-ora

People have short memories. Before the student loan scheme only the children of the rich went to University paid for by the taxes on those who did not. Student loans spread some of the cost. It is easy to get loans repaid. Pay decent wages commensurate with skills and use the same sanctions on defaulters as the private sector.
The real problem is salaries for educated and skilled people have dropped so much since 1984 (40% in my profession) that it is stupid for any young person to stay in New Zealand. Employers have managed to pass their training costs onto tax payers. (Apprentices are now paid a training allowance and many work for nothing) or onto other countries by bleating to the immigration department they cannot get NZ’rs to do the job. Meaning they can’t get us to work for SFA or they have not trained anyone for 30 years. This will dry up as even Indian and Chinese wages for highly skilled people are starting to exceed ours.

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