The Great Higher Education Swindle: Pay More, Get Less (Advocate 24 02)

These are not moderate and measured changes to the funding of CSPs. On average, a university in 2017 receives about $19,700 in total funding per CSP student. This is made of on average, $8,200 student contribution and $11,500 contribution from the Commonwealth. Assuming there is no indexation (holding prices constant at 2017 values) then a 7.5 per cent increase would raise student fees by $615 a year. The effect of the two 2.5 per cent efficiency dividends is to reduce the Commonwealth contribution by $564 per CSP per year. When combined, the $615 saving from increased student fees and the $564 efficiency, will deliver the Government savings of $1,179 per CSP. This equates to 10.3 per cent of $11,500. More...