Post 398.

In recently announced changes to the GATE programme, undergraduate degrees will remain subsidized to an extent determined by a means test. Post-graduate degrees have been substantially defunded for future students.  

Regarding reduction of tertiary education subsidies, and the increased availability of loans, the effects are well-documented in the US, which made this switch in the 1980s and has since witnessed skyrocketing student debt and family indebtedness; resilient labour market inequality by class, race and gender; and exacerbated economic slowdown.

In her prescient book, Family Values: Between Neoliberalism and the New Social Conservatism, Melinda Cooper describes student debt as a “lucrative interest-bearing asset in global securities markets”. It works for both governments and banks. The first can still assert that tertiary education is accessible to all despite shifting from free access to university whether rich and poor. The second can profit from state policy to replace or supplement public funding with private deficit spending. 

As Cooper puts it, “Instead of the government going into deficit to spend on public services…the individual consumer would go into debt to purchase these same services”. Fiscal austerity and credit abundance are being presented hand in hand, and as the national economy continues to contract, this is a policy direction that we can anticipate. 

It will be interesting to see if tertiary education loans increase. One could argue that families are responsible for their children’s education, but one could just as well argue that decades of corruption and mismanagement have wasted billions of dollars that should have been available for investment in education as a public good and economic stimulus strategy (though, for us in the Caribbean, this is undermined by emigration and ‘brain drain’). 

Some families will be able to afford their children’s tertiary education, and even post-graduate degrees. Low- to middle-income students will likely hit a qualification barrier if they cannot afford (rising) tuition and other costs. In reality, most students cannot qualify for a loan on their own so that student debt becomes a familial and intergenerational obligation. 

Additionally, Cooper notes, “a student with no assets or savings is more likely to have to defer, refinance, or default on a loan, accumulating a much longer temporal burden of interest payments than the student who can pay on schedule”. Alternatively, for Trinidad and Tobago, where for decades women have graduated from university in higher numbers and yet on average earn lower incomes, loan repayments could be a higher portion of monthly wages, acting as a form of regressive taxation. 

Cooper describes this as a way that “private credit markets…perform democratic inclusion without disturbing the economic structures of private family wealth”. Simply put, in repaying loans, with interest, poor families will spend more on education than wealthier ones who have less need for additional funds and greater capacity to repay. 

The government analysis that led to the recent GATE reforms isn’t clear. Is the expectation that students will turn to vocational training, the labour market, or other options? This makes me wonder whether the government forecasted the effects of the recent GATE reform, and has a macro plan in relation to those effects.

That macro plan should differentiate the student population affected by class, age and gender. For example, at UWI, 63% of students are women, 37% are men. This means that GATE has been an irreplaceable source of public investment in women, who are the main sex seeking both undergraduate and post-graduate qualifications (except in Engineering), principally to improve their chances in the economy. 

The majority of UWI students are also 18-24 and young women in this age group have the highest rates of unemployment, possibly because they are deferring employment for education in order to improve their chances beyond low-waged retail, service and clerical jobs where women remain clustered. Since 2015, enrolment has been dropping in all faculties except for Law, and Science and Technology, suggesting the economic downturn has already been making an impact. So, it’s a perfect storm out there for students – increased unemployment and decreased access to higher education. What choices do we expect them to make? 

This is an example of how austerity measures have feminized impacts, and so too may be education-related increases in private debt. At the same time, public debt financed vanity projects, such as the port in Toco, and other construction stimulus plans, will disproportionately benefit men as they comprise 80% of that sector. I’ve been calling for gender responsive budgeting, which makes visible such inequitable costs and benefits of gender-blind fiscal policy, for precisely this reason.

Post 372.

Our societies were already defined by exclusion, inequality, and lack of sustainability prior to COVID-19.  Now, Trinidad and Tobago can no longer rely on oil and gas revenues to distribute the basic welfare provisions that kept so many from homelessness, crime, illness and starvation. We simply will not be earning what we spend.

Increased insecurity means that we will not be able to buffer ourselves against the next crisis, whether epidemiological or ecological, unless we plan our recovery as if we are already protecting ourselves from such an inevitability.

To be honest, I’ve struggled with what those options are, and their realism, and will explore them over the next weeks in this column.

On the one hand, as the Guardian Weekly noted last month, “whenever a crisis visits a given community, the fundamental reality of that community is laid bare. Who has more and who has less. Where the power lies. What people treasure and what they fear”.

On this basis, I’ve wanted to argue that we commit to economic and social justice, which is more than welfare provision to women and the poor, as the goal around which we plan national growth. How will our economic recovery also renew the possibilities for women to carry less unequal burden for care; how will it prevent increasing distance between rich and poor; how will it include an education transformation that doesn’t leave so many alienated from learning, how will it create greater inclusion for those on the margins?

Even as we emerge from this period, we also have to keep in mind that the biggest threat to all future generations remains climate-related destruction and death. Around the world, both governments and corporations are rolling back environmental protections in the wake of a focus on the economic recovery.

I’ve wanted to call for us to not lose momentum. Climate change, like COVID-19, is a global disaster which does not respect borders or identities, and requires the very global collaboration, respect for science, speed of response and individual investment in preventing unnecessary deaths that have shaped our lives these past weeks. If we understood the climate crisis as far more lethal, we would find the funds to invest in renewable energy and low-carbon alternatives on every front, so many of which are our endless resources in the Caribbean. “We would see these kinds of emergency packages that would get people off of the fossil fuel grid and onto a clean grid right away” says May Boeve, executive director of the climate advocacy group 350.org.   

These are the big issues of social, economic and climate justice which require not just big ideas, but much bigger political will. I’ve been drawn to them, knowing as we now do that everything we consider harmful can be stopped, regardless of the impact on international travel or school exams, if we decide an emergency response is required. If we think of the injustices we were living with all along as a disaster, we could decide this was a time like no other.

On the other hand, I’ve been drawn down from thinking that every big idea is one we should be allowed to consider to focusing on the nitty-gritty of immediate protections. Corruption and mismanagement has been the major harm to our financial wealth since independence. This is why our national savings are so small – they have been stolen and wasted by our very own, leaving us less able to protect our most vulnerable or turn our economies around on our own. Enact procurement legislation so that it no longer occurs from today.

Negative growth across the region and increasing indebtedness – both individual and national –  means harder times for most, increasing hunger and hardening anger. We need hope that comes from alternatives, imagined with our broadest, most inclusive ideas of justice at their heart, quieting the cynicism we have all felt that nothing changes, at the very moment when everything absolutely can.  

Frankly, the whole society – every cook, cleaner, caterer, cashier and child carer –  should have a say in how we will survive, including on the basis of cooperative-based and solidarity economy models, such as bartering and sharing. So many development solutions can come from listening.   

From the midst of economic and emotional despair, we must therefore find on a future defined by each other’s resilience and renewal, and do so collectively and transparently. This is a once-in-a-lifetime chance to move beyond recovery of an older order and, instead, birth long dreamed and long overdue possibilities.    

Post 219.

We are stewards of our nation.

Each morning, waking to a fresh opportunity to refuse a dark time for now or the future.  The alternative to boom and bust cycles may not feed our glittering fantasy of El Dorado, but it can fire hope amidst an oncoming bruising and battering for self-preservation.

The question of where to cut and to invest are ours, not the government or the Prime Minister, but we citizen’s own. We must look around our communities, at ourselves and with our representatives, and insist on our own budgetary priorities. For this reason, I appreciated the Prime Minister’s address, particularly the presentation of numbers and his direct challenge to the business community to share profits. All of us have to find more ways to go local and spend wisely. In the last decade when even workers were only drinking Johnny Walker, we were clearly living beyond our means.

My first choice for investment is the environment and renewable energy. Our natural resources will sustain wealth for generations, even centuries. And, when it comes to our air, seas and rivers, we will not get a second chance. Trinidad is full of permaculture and environmental management specialists who can tell us how our environment produces food, community and profit. Planning should anticipate how cost saving, health and wealth generation could look in seven generations. For such sustainability, now is the time to invest.

Culture is also on my priority list. Not the millions won in a night by soca stars, but investment in the yards of pan and mas making. Over years of doctoral ethnographic research with mas camps, I came to understand the incredible way that they sustain traditions to land, language, life lessons, and making a living. Going for wide dispersion of available funds to create community around the families and schools of jab jab, or blue devil, moko jumbies or Indian mas can also help with tackling issues of boys and masculinities.

On the supply side, the governments’ plan to stimulate jobs through the construction sector, e.g. plumbers, masons and joiners, will disproportionately benefit men. This has social costs, and reproduces women’s economic dependence, and their clustering in low waged sectors. Such explicitly gendered effects have to be empirically understood if this is pursued, along with strategies to equalize access of qualified individuals of both sexes to a construction boom. The location of a Gender Division under the Office of the PM should provide exactly such cross-sectoral policy analysis and direction. Also keep in mind that while taxes, particularly on land, are necessary, sales tax always affects women more because of their greater responsibility for food provision and making groceries.

Beyond economic policy, the government’s primary focus should be on containing corruption through measured change in effective public service monitoring and evaluation, passage of whistleblower legislation, and successful prosecution of cases. Sheer waste and mismanagement of money account for billions bled from schools, hospitals and NGOs. Governments like to say that people don’t show up to town hall and regional corporation meetings, but people know the consultation process can also be both insult and joke. Still, even if it is only through a media that powerfully tackles fiscal scandals, we must insist on government for the people, which means suturing waste and corruption in 2016.

Wherever you are when the year begins, may you experience it with safety and joy, and carry a sense of togetherness in your heart in the days ahead. May we remain pensive, grateful and blessed, drawing on our best sources for long term sustainability. Let us be guided by ground up lessons on opportunities for our islands to navigate predicted rough seas.

“Who are the magnificent here? Not I with this torn shirt”, you may say. Even with scars upon our soul, wounds on our bodies, fury in our hands and scorn for ourselves, to quote Martin Carter, it is possible to turn to the world of tomorrow with strength. The sources of such strength are all around us to recognise.

My new-year tune is Nina Simone’s song, ‘Feeling Good’. There is a new dawn. There is always a new day. Tomorrow when you awake, look it up and press play.