Universities in united stand over student debts

By Matthew Knott, Fergus Hunter. The federal government faces blanket opposition from university vice-chancellors to its plan to increase the interest rate on all student debts and slash university funding, a survey shows. 
The Fairfax Media poll of the nation's 39 vice-chancellors - who are divided on the question of fee deregulation - found a unified stance against applying an interest rate of up to 6 per cent to student debts and cutting the Commonwealth contribution to the cost of a degree by 20 per cent. Read more...