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HECS

This Month

Critics of Jason Clare say his attention must now turn to the university sector.

Fixing the ‘crisis’ of Australian universities

Higher education, in the words of one expert, is in “serious trouble”. Can Jason Clare, regarded as the nicest minister in Canberra, fix the system?

Professor Max Lu takes over the University of Wollongong during a troubled period in its history.

‘It’s difficult times,’ new uni boss admits

If Professor Max Lu has a sense of deja vu, it’s understandable. He’s been through Brexit, but now he’s got to untangle Wollongong from its many troubles.

Carolyn Evans, vice chancellor Griffith University.

Unis rake in record foreign student revenues ahead of crackdown

New figures reveal record highs in both the number of overseas students enrolled in 2024, as well as the cash flowing to some universities from tuition fees.

May

Government targets to increase the number of people with a degree are way off track.

Fail: University degree targets ‘can’t be met’

On current trajectories and with falling funding, enrolments could be lower by the end of the decade than today.

Violet chair Kate Carnell: “Despite 90 per cent of Australians preferring home care and half wanting to die at home, fewer than 5 per cent actually do.”

The stage of life Australians can’t afford to ignore

Kate Carnell says federal funds for end-of-life planning would reduce costly hospitalisations and prevent unnecessary suffering.

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April

Callum Smith watched his $75,000 student debt spike at $98,000 and its still $78,000 despite $18,000 in compulsory repayments.

Callum’s $78k student debt is proof HECS is broken

Young people are facing record, unsustainable HECS debts due to an unfair student loan system, says independent senator David Pocock.

NSW Chief Justice Andrew Bell is pursuing reform of the PLT regime.

$10k and rife with cheating: Judge blasts mandatory lawyers’ course

A survey commissioned by NSW Chief Justice Andrew Bell has revealed deep dissatisfaction about the compulsory legal training regime.

March

Thomas Radon, a student who is on the earn-and-learn degree model at RMIT University.

How this engineering student will graduate debt-free from RMIT

Thomas Radon, 18, is one of more than 1000 students on a new model that lets him get paid while he’s studying.

February

The CBA boss’ call was echoed by HECS architect Bruce Chapman, who said Jim Chalmers’ changes made sense, but fixing housing affordability required more supply.

CBA’s Comyn says student debt tweak helps but housing supply is key

The bank CEO was echoed by HECS architect Bruce Chapman, who said Jim Chalmers’ changes made sense but fixing home affordability required more residences.

Treasurer Jim Chalmers.

Chalmers instructs banks to loosen home loan rules for HECS debts

Treasurer Jim Chalmers has instructed the prudential regulator to relax how HECS is treated when banks conduct mortgage serviceability tests.

Student Jasmine O’Brien.

$80,000 debt is only part of cost crisis hitting students hard

Jasmine O’Brien is in the second of a five-year degree, holds down two jobs and worries about what her student debt will be when she finally graduates.

December 2024

Bruce Chapman says HECS debt should not affect graduates’ ability to buy a house.

HECS architect wants student debt ignored when assessing home loans

Bruce Chapman, who created the income-contingent loan system for students, has hit out at the political fiddling the system has faced.

November 2024

Duncan Maskell, outgoing vice chancellor of Melbourne University.

‘I’m not going to say no to a nice salary’: outgoing Melbourne Uni boss

Duncan Maskell rejects criticism of million-dollar pay packets for vice chancellors, hits back at claims there are too many overseas students, and insists a university education should be free.

These three scenarios show how HECS debt hits your borrowing capacity

Instead of paying his student loan down faster with extra repayments, this 26-year-old chose to divert his savings to build a house deposit. It paid off.

ANU arts student Allyssa Ingham says the degree should be accessible to students from all backgrounds.

Why do arts students pay more than medical students?

Australia’s university sector will mark an expensive milestone with the $50,000 arts degree, but the changes might not be helping students or the economy.

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The Greens have upped the ante on Labor, promising to cancel all student debt.

Greens plan to cancel student debt unfair to poor, says HECS architect

In what looks like an act of one-upmanship, the Greens will promise to cancel all student debt, not just 20 per cent like Labor. Experts say the idea stinks.

Labor’s student debt reduction plan benefits male students more than females.

$16b uni student debt fix helps men more than women

Those paying tertiary fees will have to wait until at least 2027 for the overhaul, as analysis shows it will assist male graduates erase their liability sooner.

Anthony Albanese mingles with students at parliament on Monday

Cheaper arts degrees after Labor ‘unscrambles’ uni fees

The Albanese government is poised to unveil permanent measures to lower student debt, on top of the one-off $16 billion reduction.

Students at small private institutions rate their learning experience more highly but get lumbered with more debt.

Why Australia’s happiest students have the highest HECS debt

There is a powerful correlation between size and satisfaction when it comes to universities.

Prime Minister Anthony Albanese

PM’s plan to spend Labor’s way out of trouble

Over the weekend we saw the emergence of a plan, or at least the latest plan, to try to shift the government out of its torpor.

Original URL: https://www.afr.com/topic/hecs-hp1