15 juin 2014

How much will a uni degree cost?

http://www.nteu.org.au//var/files/thumbs/a780532dd116f8da145bac8c4c7961bc_e7e2a056b6c5e8722188bac5fbb3550f_w80_.jpgBy Paul Kniest. NTEU analysis (downlaod copy below) of the new funding and regulatory arrangements for higher education concludes that:

  • a minimum average increase in university tuition fees of at least 33% just to compensate for reductions in government funding and the introduction of new student funded scholarship scheme,
  • the lifting of the cap on university fees could see the tuition fees for some degrees reach or exceed $100,000 especially in degrees like medicine, law, engineering and management and commerce,
  • the introduction of interest on HELP debts is highly inequitable because students from disadvantaged backgrounds will not be in a position to pay their fees upfront,  
  • the changes to HELP are especially unfair for students who elect to take career breaks which means there is strong bias against female graduates, and
  • the size and cost of servicing students loans will be the equivalent of a second mortgage. More...

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