I (an Australian citizen) am going on exchange to the Netherlands. Apparently it is much cheaper (about $400AUD) and much less paperwork to get a working holiday visa than a residence visa. However, the info sent by my university says:
As Dutch embassies in Canada, Australia and New-Zealand have frequently discouraged the use of the WHP and WHS for an exchange study period, we strongly advise to NOT consult the Dutch embassy on this subject and simply travel to the Netherlands with all required documents.
How serious a risk am I taking by relying on receiving a working holiday visa on arrival?