An arts degree under the Job-ready Graduates scheme will now cost more than $54,000.
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Only the federal government can fix the problems created by the Job-ready Graduates scheme. Ahead of the budget on May 12, it shows no interest in doing that.
Intergenerational inequality is growing. Here are 5 ways young people are getting the short end of the stick.
Something major has happened to student demand in recent years. But how much of this is due to the fees students are paying?
The debt changes will deliver major benefits to recent graduates, but much less to current students and nothing to future students.
Higher education services – like healthcare, food and roads – do not magically drop out of the sky. It costs money to run university campuses, infrastructure and pay for teaching and research.
Australians with student debt would undoubtedly benefit from the proposed changes. But they come with a hefty price tag and some disadvantages.
People repaying HELP student debts would get cost-of-living relief under changes to repayment arrangements to be announced by Prime Minister Anthony Albanese on Sunday.
The federal government has announced plans to change the way debts are indexed. But it may not help students over the long term.
Australia’s inflation rate has halved, but it’s falling more slowly than it was, and previous high inflation is set to push up student debt.
A few simple changes to Australia’s system of student loans would smooth increases in the amounts owing and make it easier to get home loans.
The indexation of student debt is arguably the federal government’s biggest political problem when it comes to universities.
The Universities Accord final report makes recommendations that could significantly change what many Australian students pay for their higher education.
Australian university applicants are sticking to their preferred fields of study, despite dramatic changes to student fees in 2021.
It can be argued universities also have a moral obligation to educate students about how course fees are charged and then repaid when they start working.
A multi-rate student contribution system could make average student debt repayment times similar across different courses.
The federal government is contemplating the biggest overhaul of higher education in a generation. One issue crying out for more attention in the Universities Accord process is student loans.
A new student contribution system is likely to be part of Labor’s promised Universities Accord.
Upfront cash payments would be more helpful to students than cheaper course fees - as this makes cost-of-living easier while studying.
Huge disparities in how much students pay for courses mean graduates of high-fee disciplines will take longer to repay their debts or might never do so. That will ultimately add to government debt.
Top contributors
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Professor of Higher Education Policy, Monash University
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Honorary Senior Fellow, Centre for the Study of Higher Education, The University of Melbourne
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Professorial Fellow, University of Canberra
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Adjunct associate, Griffith University
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Adjunct Professor, Department of Leadership, Higher and Adult Education, OISE, University of Toronto
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Emeritus Professor, College of Business and Economics, Australian National University
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Fellow, Higher Education Program, Grattan Institute
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Professor of Ecological Economics, UCL
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Associate Professor & Academic Director, Widening Participation, La Trobe University
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Senior Lecturer, Economics, University of Technology Sydney
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Economics, University of Technology Sydney
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Law Professor, University of New England
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Lecturer in Government, Jeff Bleich Centre for Democracy and Disruptive Technologies, Flinders University
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Associate professor, The University of Melbourne