
Normally the University of Iceland recieves around 200 applications this time of year. Now it is 1.600.
Many who applied are unsure whether they will receive a place.
The economic geniuses that are the government of Iceland have announced the new heftily deficited budget and there are cuts for the universities that are expecting record turnouts, as well as cuts for the student loan organizations.
At a time when people cannot get a job and are prepared to use the downturn to educate themselves so that they will bounce back stronger, more educated the government and parliament are more inclined to push those people onto unemployment benefits.
A broken roadmap for the future.
Related posts:

Einar Jón
3 years ago
To add insult to injury, the Minister of education advised people to go to school (“invest in education”) rather than seeking unemployment benefits. How?
The icelandic link is here – don’t know if there’s an english version:
http://visir.is/article/20081218/FRETTIR01/263094852/-1