Benefits of Tertiary Certificates and Diplomas – exploring economic and social outcomes
This analytical report from the New Zealand Ministry of Education examines the economic and social benefits of tertiary certificates and diplomas and provides new evidence of the value of a significant part of the tertiary education system. It makes use of a range of data to look at the association of tertiary certificates and diplomas to economic outcomes (employment and income) and social outcomes (well-being, social participation and inter-generational benefits).
Key Findings
- Level 1 to 3 tertiary certificates are of most benefit to people with no or low school qualifications and are best seen as a pathway to higher levels of study
- Level 4 certificates have better economic outcomes than school qualifications, particularly for men. There is some evidence of improved social outcomes for women
- The economic outcomes from diplomas are close to those of bachelors degrees. Diplomas are associated with improved social outcomes, more so for women than for men
- The clearest evidence of social outcomes from tertiary certificates and diplomas is for greater parental support for children’s learning
View the full report: Benefits of Tertiary Certificates and Diplomas – exploring economic and social outcomes
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