Seanad debates
Wednesday, 21 May 2003
Rural Development Policy: Statements (Resumed). - Third Level Fees: Motion.
10:30 am
Noel Dempsey (Meath, Fianna Fail)
I accept that it initially assisted those middle income groups who were finding it difficult to support second and subsequent children in the third level system. I mentioned earlier the top-up grants system, of which 3,500 people availed last year and 7,000 will avail this year. Such a targeted initiative is a much better way of encouraging people from disadvantaged backgrounds to attend third level.
There is consistent evidence that third level education represents a significant benefit to the individual and that educational attainment is closely correlated with success in the labour market. The study, Education at a Glance, shows that the career earnings potential of graduates is significantly enhanced, with a tertiary education delivering a weekly earnings premium of up to 57% in Ireland. The premium is even more striking when hourly earnings comparisons are made. The 1997 Living in Ireland survey conducted by the ESRI indicated that individuals with a degree or above receive an earnings premium of up to 83% more on average than individuals with a leaving certificate. Surely they should make a greater contribution to that education. This represents a significant private return for the public investment made in higher education and brings sharply into focus the issues surrounding the principle of individual contributions.
I noticed that the Labour Party today issued a third level document entitled, Keeping the Gates Open.
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