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Thread: PSB Economic Confidence Thread

  1. #521
    Member Para045's Avatar
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    Quote Originally Posted by Crobbo View Post
    My bank is lowering interest rates.

    New APRA rules fucked them over so they're trying to get people borrowing again.
    Which bank?
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    Noted. We'll check back on that one in three years
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  2. #522
    Member GsxInShed's Avatar
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    Quote Originally Posted by Crobbo View Post
    My bank is lowering interest rates.
    Which Bank...?


    para's got a stalker....
    " Imagination is the seed of life..."

  3. #523
    PSB Statesman Dubs's Avatar
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    A university degree is less likely to be a ticket to a well-paid job, according to a report.
    Compiled by the independent Grattan Institute, the report shows young graduates are getting less financial benefit from their degrees than in the past.
    Commerce and science graduates were among the worst affected, though female graduates were less affected.

    The study found graduate employment outcomes were less certain because of changes to the economy and a surge in university enrolments after funding caps were lifted 10 years ago.
    Grattan Institute higher education program director Andrew Norton said there were more graduates chasing fewer available professional jobs.

    “What we are seeing is an increasing proportion of graduates are doing jobs they could have got straight out of Year 12 or doing a much shorter vocational qualification instead,” he said. “So, for these people, unless they really enjoyed their degree, higher education probably isn’t paying off, at least in a financial sense.”

    Mr Norton said younger graduates aged 25 to 34 were having a tough start to their careers.
    “Compared to 10 years ago, men are actually earning less in real terms after tax and women are earning about 4 per cent more,” he said. “But those gains are really going to women with children and not across the board to all women.”
    He said successive governments had been promoting science, but there were not enough jobs for science graduates.

    Universities Australia chief executive Catriona Jackson said the data showed there was still an earnings premium for young people who pursued a university education. “While there has been a slight decline in the size of that advantage over a decade, that advantage is still pretty significant,” she said.

    https://www.perthnow.com.au/news/edu...-ng-b88962367z

  4. #524
    Member INTJ's Avatar
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    Credential inflation, degree inflation, grade inflation.

    The reason a garbo needs a Masters degree in Shit Fuckery with an A average.

    Because being a human with most limbs apparently wasn't good enough.

  5. #525
    Member GsxInShed's Avatar
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    degree proves you should be able to do required task.at the very least is a piece of paper to say you studied/cut-copy-pasted your way through..a few years of disciplined time management.

    if you fuck it all up.. also have someone to blame.. since failure has no bearing on the individual these days..."must have had bad training/schooling/upbringing/childhood/life experience...."

    Maybe not fit to be a garbo .."waaayyyyyyyyy overqualified" also gives an employer an out for easy dismissal ....maybe? ( seems to work at RIO...) ahhem..

    'Waste transfer technicians and recycling engineer are appropriate terms for ''garbo's" these days'

    " Imagination is the seed of life..."

  6. #526
    Member Crobbo's Avatar
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    When you say disciplined time management you mean uploading an assignment 1 minute before it's due right.
    In sterquiliniis invenitur.
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  7. #527
    Member GsxInShed's Avatar
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    nah...... 'Disciplined time' relates to being 'at university'..at least some of the time the taxpayer has kindly financed for you.....

    I'll concede that your simple concept also has it's merits...and I applaud you for considering the possibility of 'last minute uploads' as a means to an end.
    " Imagination is the seed of life..."

  8. #528
    PSB Statesman Dubs's Avatar
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    from the same report:
    • In a union survey, 28 per cent of academics agreed with the proposition that they felt pressure to pass full-fee-paying students whose work is not good enough.
    • At 30 June 2017, HELP debtors owed the Commonwealth Government $55.4 billion.
    • In early 2017, 28 per cent of recent graduates who were looking for full-time employment were yet to find it.
    • Failed subjects are a sign that academic standards are being enforced, and that employers and others can trust that graduates have the expected knowledge and skills.

    https://grattan.edu.au/wp-content/up...ation-2018.pdf

  9. #529
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    ^^^ How many $ did they spend on that wonderously informative report ^^^

    Can I guess .....???

    it was commisioned by the education dept after the international uproar when 'full paying overseas students' safety in Australia came into question,due to them being preyed on in and around campuses...

    Seems to have been swept neatly 'under the carpet' ....or just no longer being reported.?? as it seemed like a scam.. to get more funding from the Gov. of the time ??????
    " Imagination is the seed of life..."
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  10. #530
    PSB Statesman Dubs's Avatar
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    ABS property price info is out this morning



    Indexed


    Dubs

  11. #531
    Member INTJ's Avatar
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    Quote Originally Posted by GsxInShed View Post
    ^^^ How many $ did they spend on that wonderously informative report ^^^

    Can I guess .....???

    it was commisioned by the education dept after the international uproar when 'full paying overseas students' safety in Australia came into question,due to them being preyed on in and around campuses...

    Seems to have been swept neatly 'under the carpet' ....or just no longer being reported.?? as it seemed like a scam.. to get more funding from the Gov. of the time ??????
    I have worked for 3 universities Australia-wide (WA, VIC, SA) and they all have mechanisms in place to pass failing students who shouldn't pass. Full-fee-paying or not, it doesn't really matter. If you straight up refuse to budge and insist the work is fail standard, they simply relieve you of the student, move them to a different lecturer due to an 'irreconcilable dispute' and 're-evaluate' their work and the student always passes. I'd share the email trails to show exactly that, but I'm still part of the system and it pays for my mortgage.
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