Tim O Meara, President, TUI said: "The Government can attempt to spin the findings of this report, but the singularly most important finding shows that Ireland is positioned joint last out of 30 countries in a list of the annual expenditure per second level student relative to the country's GDP per capita, along with Mexico, Greece and the Slovak Republic.

"Statistics do not lie, and these latest figures reveal that Ireland islanguishing deep in the 'relegation zone' of a list of OECD countries in terms of funding. Serious questions need to be asked as to why funding foreducation has been allowed to stagnate despite our continued economic well-being."

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