But these people aren't "teachers" - working in an eikaiwa using fixed lessons based on textbooks with classes of 3 or less people, a vast majority of these people have not studied education or have any qualifications in education.
If anything it will flood the market with untrained and on the whole inexperienced (as the majority of NOVA people that I know are fresh graduates) foreigners - some of which will find work as ALT's, but those who are doing what I consider "serious" teaching (ie. direct hire) won't be bothered.
But then there is always the question of will the employers care? Would they rather someone who is educated, trained and experienced as a teacher of ESL, or someone who will work for less but doesn't have the same experience? Money is a factor too.
Not a rumour - a fact. To be able to work more than one year (if you are British, Canadian, Australian) you need to have completed a degree from a registered college or university. And its not NOVA's choice, its the governments order.
I am not the greatest advocate of tertiary education either. For example I only went to University for one year, completed the most advanced Japanese course available.... then quit. There was nothing left for me. Meanwhile I was expected to study, and pay a fair amount too, so I would have enough "credit" to be able to study and pay for more subjects I have no interest in, etc. I also did a computer science course, found it to be total dribble, was denied being allowed to study 2nd year material, so refused to go to lectures and only turned up for the exam.
I know plenty of CS graduates, most of which don't have any real world experience at using a computer, and just have theory that in the real world is pretty much useless unless you want to go back and teach CS. They would be better off just making them read technical whitepapers than the stuff they already teach.
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