Will Taylor

Uni Enrolments and the recession

/21 Comments/in , /by

Reading this article saying that in New Zealand as the economy is going down university enrolments are going up reminded me of a cartoon Matt emailed me last year:)

Hat tip: www.phdcomics.com

21 replies
  2. agnitio
    agnitio says:

    I figured you would have, I’m just too lazy to search.

    I figured I would roll it out anyways since we are now witnessing that pattern in NZ:)

  4. Matt Nolan
    Matt Nolan says:

    For anyone that is unclear, one reason why it makes super sense is because working is the opportunity cost of building human capital – and the current payoff from working (or searching for work) is lower. Lower opportunity cost means more people now find it optimal to study 😉

  11. Matt Nolan
    Matt Nolan says:

    Actually, one thing this cartoon didn’t correct for was other causal variables – like the size of the graduation that year, or population growth. I imagine if the population grew that could increase both unemployment and grad school enrolments …

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    […] TVHE placed an interesting blog post on Uni Enrolments and the recessionHere’s a brief overviewReading this article saying that in New Zealand as the economy is going down university enrolments are going up reminded me of a cartoon Matt emailed me last year:) Hat tip: http://www.phdcomics.com […]

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