URL: Surpluses at public institutions raise questions about priorities
Tertiary Update Vol 14 No 25
Ministry of Education statistics show the average surplus as a percentage of revenue at public tertiary education providers climbing dramatically from 1.9 percent in 2006 to 5.2 percent last year. In 2006 public tertiary education providers made a combined surplus of $66 million on revenue of $3.5 billion. Last year the same institutions made a combined surplus of $280 million on revenue of $4.4 billion.
