Grad glut sparks job crisis
AUSTRALIA’S universities have been flooded with tens of thousands of extra students since places were uncapped, but almost a third of graduates fail to get a full-time job.
Despite spending up to $70,000 on fees, just 68 per cent of graduates are employed full time within four months of completing their degree, surveys show. sciences, and the humanities. Those qualified in medicine, surveying and mining engineering have rosier job prospects and good earnings, while pharmacy, veterinary science and nursing also offer opportunities.
Justin Beilby, vice-chancellor of Torrens University Australia, said a raft of emergent industries – from childcare services to biotechnology – also offered opportunities.