Lessons for the future: Where to now for tertiary education policy?

This article highlights the key findings from the previous articles that economic theories provide only a partial explanation of education decision making. This weakness in the theoretical foundation for the tertiary education reforms has diminished the effectiveness of the reforms. We suggest that a more holistic model of education decision making that combines economic theories with consumer behaviour theories should be developed. We note that tertiary education policy is being further reformed by the new Labour / Alliance government who have begun a process of moderating market forces in education.