Thank you for that.
Indeed, it's more than bricks and mortar. We're talking about equipment. That's really important. If we don't have the latest, we can't train the students in the highest and most current technologies.
Also, we're facing a really big challenge with human resources in faculty infrastructure. As you can see from the time span we've been operating as institutions, we're going to lose huge numbers of people. I can't put a dollar figure in front of this. I can't tell you specifically where to make these investments, but I think we have to take a very serious look at this.
One of my recommendations is that our sector establish an advisory group or a think group involving different governments and different institutions to really try to get our thoughts around this and come up with some specific suggestions. If we fail, many industries are going to seriously slow down--the construction industry, health services. Most health professionals come out of community colleges--nurses, technicians of many kinds. The railways are crying for people to run them, and they want us to double our outputs of railway technicians. There isn't a sector that doesn't have a problem, and this becomes a national issue.
We have to get our heads around this and we have to make some investments. If we fail to do that, the country will pay a big price in its economic prospects.