32 The wage premium for a graduate degree is significantly higher than the premium for a college degree. Despite escalating costs for college, the net returns for a degree are high enough that college still offers a considerable economic opportunity to most people. 33 Along with other data, the SCF shows that most students and their families are having a harder time affording college.
The core principles emphasise an effective framework for consolidated and cross-border supervision with appropriate home-host coordination. The Bank of Mauritius has been working on these recommendations and not later than last year the banking legislation was amended to allow for consolidated supervision of banking groups.