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Central Qld University worse off under Labor.



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MEDIA RELEASE MEDIA RELEASE MEDIA RELEASE MEDIA RELEASE The Hon Bruce Scott MP FEDERAL MEMBER FOR MARANOA

30 July 2003

Central Qld University worse off under Labor

Federal Member for Maranoa, Bruce Scott today said detailed analysis by the Commonwealth Department of Education Science and Training, and verified by the Department of Finance, has revealed a massive black hole in the costing of Labor’s higher education policy.

“Labor’s ‘Aim Higher’ policy promises that all maths and science students will be moved from HECS band 2 to HECS band 1,” Mr Scott said.

“The Commonwealth Department of Education Science and Training analysis reports that this will cost $262.5 million dollars. Labor has budgeted just $43.6 million.

“Labor’s policy will require the $218.9 million shortfall cost to be borne by the institutions themselves.

“There are currently an estimated 11,250 maths and science student places in seven Queensland institutions.”

Mr Scott said covering the shortfall would cost Queensland universities around $43 million.

The estimated indicative cost to Queensland institutions over three years of making up the shortfall is indicated in the following table.

INSTITUTION

FUNDING LOST

Central Queensland University $2,593,298 Griffith University $8,821,699

James Cook University $4,821,241

Queensland University of Technology $8,690,346

University of Queensland $13,771,588 University of Southern Queensland $2,517,519 University of the Sunshine Coast $1,780,477 $42,996,168 QLD TOTAL

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Labor’s policy document states:

“Labor believes that areas of national skills shortage—like maths and science—should be in the lowest HECS band to encourage more students to pursue these fields.

Under Aim Higher, students of maths and science will pay nearly $5,000 less in fees for a three year university degree.

Labor will place mathematics and science in Band 1 of HECS to reduce course fees by $1,600 per annum.” Aim Higher: Learning, training and better jobs for more Australians, 23 July, 2003 p.14

Ends