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Mar
26
2009

Uni Enrolments and the recession

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March 26, 2009

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

About the author

agnitio

Agnitio loves economics,technology and football. He runs the technical side of the blog and very occasional rants about the economics, technology and football....

Permanent link to this article: http://www.tvhe.co.nz/2009/03/26/uni-enrolments-and-the-recession/

11 comments

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  1. Matt Nolan says:

    March 26, 2009 at 12:51 pm (UTC 12 )

    I posted this cartoon last year dude :P

    http://www.tvhe.co.nz/2008/10/03/comic-education-and-unemployment/

    However, fully appropriate for the story ;)

  2. agnitio says:

    March 26, 2009 at 12:56 pm (UTC 12 )

    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:)

  3. Matt Nolan says:

    March 26, 2009 at 1:38 pm (UTC 12 )

    It is a beautiful thing – it also makes sense, which is nice

  4. Matt Nolan says:

    March 26, 2009 at 1:39 pm (UTC 12 )

    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 ;)

  5. goonix says:

    March 26, 2009 at 1:42 pm (UTC 12 )

    REPOST. :P

  6. agnitio says:

    March 26, 2009 at 2:04 pm (UTC 12 )

    @goonix
    I need to get my post count up somehow:)

  7. Matt Nolan says:

    March 26, 2009 at 2:25 pm (UTC 12 )

    @agnitio

    According to my stats you’ve done 62 posts agnitio, while goonix has done 12.

    Of course, you are still behind Rauparaha and myself ;)

  8. agnitio says:

    March 26, 2009 at 3:26 pm (UTC 12 )

    @Matt Nolan

    I don’t compare myself to goonix, I have higher standards than that:P

  9. goonix says:

    March 26, 2009 at 5:32 pm (UTC 12 )

    Quality over quantity my friend.

  10. Matt Nolan says:

    March 26, 2009 at 5:45 pm (UTC 12 )

    Love the banter! To be honest goonix i’ve gone the other way ;)

  11. Matt Nolan says:

    March 26, 2009 at 7:55 pm (UTC 12 )

    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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    March 26, 2009 at 1:43 pm (UTC 12 )

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