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The $50,000 arts degree arrives, as student debt climbs

Julie Hare

The cost of a generalist university degree in law, economics or history will broach the $50,000 mark in 2025, prompting one expert to warn more students in a raft of arts, humanities and social sciences will never pay off their top-dollar degrees.

New rates determining the amount the federal government and students contribute each year for courses reveal most arts and law degrees will hit $17,000 a year. Across a standard three-year bachelor degree, that is $38,000 more than students of teaching, maths and agriculture, who are required to pay $4627 a year.

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Julie Hare is the Education editor. She has more than 20 years’ experience as a writer, journalist and editor. Connect with Julie on Twitter. Email Julie at julie.hare@afr.com

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    Original URL: https://www.afr.com/politics/federal/the-50-000-arts-degree-arrives-as-student-debt-climbs-20240717-p5judz