Oireachtas Joint and Select Committees
Wednesday, 17 July 2013
Joint Oireachtas Committee on Education and Social Protection
2014 Pre-Budget Submission: Department of Education and Skills
1:55 pm
Ruairi Quinn (Dublin South East, Labour) | Oireachtas source
From the point of view of accessing assets for the purpose of sending someone to college, a fixed asset like a piece of machinery or property could only be used for educational purposes if it was sold. That seems to be a contradiction. This is my personal opinion and I am not a professional economist or accountant, but I am making a distinction of capital above and beyond what would be required. By capital, I mean cash. A certain minimum of money reserves would be required to run a business of a cyclical nature.
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