Lower socio-economic students will benefit from more than $2 billion in dedicated federal support in the 2019 school year alone, with ‘Labor’s Your Child. Our Future’ plan.
Labor’s needs-based loading for lower socioeconomic students will see more than $1,000 per student, per year in dedicated support for the 1.8 million Australians students who need the most help, and have the most to gain.
A recent OECD report found that socio-economically disadvantaged students were five times more likely to be a low performer than an advantaged student. Some 33 per cent of disadvantaged students in Australia were low performers in mathematics in 2012, compared to only 8 per cent of advantaged students.
If we can equip all Australian high school graduates with the basic skills needed for the global economy by 2030, it would be the equivalent to adding 2.8 per cent to our GDP today. This would represent a $44 billion expansion in our economy.
Shadow Minister for Education, Kate Ellis, said Your Child. Our Future isn't only a plan for our schools, it is a blueprint for jobs and economic growth.
“Labor believes that a student’s educational opportunity shouldn’t be determined by their postcode, or their parent’s income. Ensuring vulnerable students have the targeted resources they need is critical to closing the achievement gap and making sure no student is left behind,” said Ms Ellis.
“Supporting disadvantaged students with the most to gain just makes sense – yet Mr Turnbull’s cuts to education will rip an average of $3.2 million from every school, the equivalent of one in seven teachers.
“This is just more proof that at the next election there will be a clear cut choice when it comes to education – invest in our children’s and nation’s future with Labor, or more of the same cuts to education under Mr Turnbull and his Liberals.”
Only Labor will invest in the education system that our children, and our country, needs for the future. In addition to the investment for disadvantaged students, Labor’s plan will include needs-based loadings for:
· Students with disability
· Students with low English proficiency
· Aboriginal and Torres Strait Islander students
· Regional, rural and remote schools – and small schools