A royal commission is a good idea,but only if the government commits to implementing the recommendations. This needs to be a whole of community approach,not just whole of government.
The prime minister says he will announce soon a response to a recommended overhaul of HECS as calls come from the crossbench to look at wiping student debt.
Millions of Americans still owe their undergraduate and graduate loans,even though they borrowed only about $US5000 initially.
The HELP system has assisted millions of Australians with their university degrees,but the income-contingent loan needs an overhaul.
The Albanese government should be well satisfied by the Dunkley byelection result. Election analyst Antony Green has calculated that the average swing against governments in byelections since Federation has been about 3.5 per cent. The Dunkley swing of 3.8 per cent is about average and is no vindication of Peter Dutton’s campaign strategy.
Universities Accord panel chair Dr Mary O’Kane has urged authorities to look at the impact of HECS-HELP on home loan assessments as young people struggle to enter the housing market.
Australians paying off university debts could save $1000 or more by mid-year under a fee overhaul that Education Minister Jason Clare calls a cost-of-living fix.
Bills stack up quickly. One third of full-time students are stressed about money – and nearly half are struggling with rent.
Opting to pay off your HECS debt before saving for a house may not always be the right move.
Some arts and communications students now have HECS debts in excess of $40,000. Do they have any regrets?
Our current student loan system is getting in the way of creating a more educated Australia. It’s time we revised it.