Before deciding what to study at which university, high school graduates should consider the drop-out rates, early-career employment prospects and lifetime earnings their program is likely to yield.
- Fellow, Higher Education Program, Grattan Institute
Earnings data suggest higher education remains financially attractive for most students, and the small proposed fee increases should not materially affect that.
Students will now have to pay back more of their loan, and repay quicker.
Academic experts respond to the latest report by the Parliamentary Budget Office on the impact of student loans on the budget.
Simon Birmingham, Minister for Education and Training, said this week that Australia runs one of the most generous student loan schemes in the world. Is that right?
Australians who live in another country for more than six months will now have to pay back their student loans.
International students are more attracted to universities that charge more, so would price equal quality in the eyes of Aussie students if fees were uncapped?
Overseas debtors should have to repay their student loans, but it won’t recoup as much as repayments from deceased estates.
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