Recent university graduates are struggling to find jobs, and for some it has become so bad they have been forced to join the dole queue.
But the future for students does not look any brighter.
The Government has capped the number of students universities will be able to accept – effectively ending the open-entry policy now in place.
This means students will be competing to get a tertiary education.
Massey University Vice Chancellor Steve Maharey told Sunrise this morning New Zealand is the only country that has an uncapped system. But he says he doubts the move to limit entry would last for a long time.
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Massey University Vice Chancellor Steve Maharey talks to Sunrise