Amongst recent initiatives aimed at lifting Australia’s productivity has been a push for a greater number of course completions in both the vocational education and training and higher education sectors. With this, it could be assumed, come benefits for the individual such as better job opportunities and higher wages. Using the 1995 and 1998 cohorts of the Longitudinal Surveys of Australian Youth, this study looked at whether participating in or completing a post-secondary education qualification led to wage benefits for young people. The study finds that not only completing a post-secondary course but participating in one results in higher wages.
When measuring the socioeconomic status of young people, the authors find that the SocioEconomic Indexes for Areas (SEIFA) works well when reporting participation in higher education at aggregate levels, but performs very poorly when classifying individuals. This has policy implications because it means that programs directing resources to increase educational participation for those with low socioeconomic status may be doing so based on incorrect information. The data used come from the 2003 cohort of the Longitudinal Surveys of Australian Youth (LSAY), looking at young people aged 15 to 25 years.
In this interview, Steve Davis talks with researcher Cain Polidano about the report 'Outcomes from combining work and tertiary study'. This study investigates the motivations for and the education and employment outcomes from working while studying for both VET and higher education students. While, in general, tertiary students who work while studying are less likely to complete than those who do not, being employed in the final year of study significantly improves the chances of finding full time employment in the first year following study.
This paper was originally developed to help the Training and Skills Commission in South Australia consider the pathways between elements of the vocational education and training (VET) system, how they are working and what improvements can be made. It has been revised to make it national in scope. The authors reveal that quite substantial numbers of VET graduates go on to university level study or further study within VET itself. Significant numbers of university graduates also go on to study in VET. However, not all VET graduates choose to study at a higher level; a substantial proportion of students going on to further study do so at the same or lower level. This suggests that entitlement models need to consider horizontal (skills broadening) as well as vertical (only qualifications at a higher level) in their funding mix.
Using both the 1995 and 1998 cohorts of the Longitudinal Surveys of Australian Youth, this study investigates the motivations for and the education and employment outcomes from working while studying for both VET and higher education students.