Role of Higher Education In Advancing Economic Development Caroline Perkins Australia.
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Transcript of Role of Higher Education In Advancing Economic Development Caroline Perkins Australia.
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Role of Higher Education In Advancing Economic
Development
Caroline PerkinsAustralia
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Higher Education and Economic Development
• What should higher education do to advance economic development?
• How are these roles shared?• Where does this responsibility
end?• Issues
– background– areas of skills need; and– regional issues.
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Contribution of education to economic growth
• Estimated long-run effect on economic output of one additional year of education in the OECD area generally lies between 3-6%.
• People with higher educational attainment have higher participation rates, are in the workforce for longer, and have better health.
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Australian Population of Working Age
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Earnings by Qualification and Labour Force Participation by Age
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Australia and Higher Education Attainment
• Higher educational attainment is above average in Australia. In 2004– 22% of Australians aged 25-64 had attained a bachelor
degree or above compared to the OECD country mean of 19%;
– 27% of Australians aged 25-34 had attained a university education.
• 49% of Australians who were in Year 9 in 1995 had attended university at some point before the age of 24.
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Australian undergraduate SET enrolment 2001-2005 – 7% decrease
Domestic undergraduate SET enrolment
0
10,000
20,000
30,000
40,000
50,000
60,000
2001 2002 2003 2004 2005
Enro
lmen
ts
Natural and PhysicalSciencesInformation Technology
Engineering and RelatedTechnologiesAgriculture and RelatedStudies
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Trends in commencements, enrolments and completions in IT
Trends in numbers of commencements, enrolments and completions in IT
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
2001 2002 2003 2004 2005
Commencements
Enrolments
Completions
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Activities to encourage uptake of SET studies
• University initiatives– Science camps– School visits by young science researchers– Joint projects with schools etc
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Activities to encourage uptake of SET studies
• Joint activities– Australian Government funding of new
undergraduate places in areas of national skills need e.g. engineering
– ICT Leadership Group, with membership from industry peak bodies, government departments, universities, technical and vocational education bodies and schools
– Careers Advice Australia
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Activities to encourage uptake of SET studies
• Australian Government Programmes – to promote student engagement in maths
and science in schools– activities to promote appreciation of SET
careers through activities such as national science week etc
– Research into ways to promote community awareness of SET careers
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Role of Higher Education in Regional Economic Development
• Australia large country with a small population (30%) outside cites.
• Relatively lower educational participation rates for students from rural and isolated backgrounds than from metropolitan areas.
• On a per capita basis, for every 10 urban people who attend university, about six Australians from rural or isolated areas do.
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Location of universities in Australia
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Regional Universities
• Regional university campuses make significant contributions to their host economies– Charles Sturt University and the University
of Ballarat have found that 60-70% of their graduates are initially employed in a regional locations.
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Regional issues
• Australian Government initiatives to assist regional universities include:– Collaboration and Structural Reform Fund;– Diversity and Structural Adjustment Fund;– Regional loading;– Capital Development Pool; and– Equity measures.
• Issue getting students to enrol in regional universities