Govt acts as polytechs face 'financial crisis'
Govt acts as polytechs face 'financial crisis'
- Some in the sector are referring to it as a "financial crisis". Cabinet heard yesterday that half of New Zealand's sixteen polytechnics will be in deficit in two years and eighty percent will face losses in the next four years. Hipkins says funding is not the only problem because the system itself is disjointed.
- Some in the sector are referring to it as a "financial crisis". Cabinet heard yesterday that half of New Zealand's sixteen polytechnics will be in deficit in two years and eighty percent will face losses in the next four years. Hipkins says funding is not the only problem because the system itself is disjointed.