The Federal Government has released new figures that show a 27 per cent increase in the number of student places at universities since 2007.


Federal Minister for Tertiary Education, senator Chris Evans, said the boom was thanks to the Government’s decision to uncap university places.


“The uncapping of university places is a far-reaching, fundamental economic reform, which will provide the skilled graduates that our industries and businesses need to compete in an increasingly complex global economy,” Senator Evans said.


The announcement comes after a forecast by Skills Australia found that by 2025, a third of all jobs will require a minimum of a bachelor degree qualification.


“These reforms are ensuring no matter where you are from, if you have the ability you will have the opportunity to access education to get the high paying jobs of the future,” Senator Evans said.