Speculation about reversing the infamous job-ready graduates (JRG) scheme has increased after the Albanese government changed the way university loans are indexed, but did not offer respite to those students paying up to 117 per cent more than some of ...

Every year on June 1, student debt in Australia is indexed to inflation. In 2023, high inflation pushed the indexation rate to 7.1%, the highest since 1990. This year, if there is no policy change, student debt balances will be ...

It looks increasingly likely that one of the most glaring inequities in the university system – the fact some publicly funded degrees cost students nearly four times as much as others – will not get an immediate fix when federal ...

A HECS-HELP petition that urges the education minister to change the way HECS is indexed has gained 200,000 signatures in just 12 days. Started by Kooyong Independent MP Dr Monique Ryan on March 14, the petition now has 240,000 signatures, ...

Students are fleeing Australia for free and low-fee universities around the world as the cost of living crisis and HECS pushes higher education further out of reach. Countries attracting the most Aussie ex-pats – ranked from least expensive living costs ...

In January 2021, the Morrison government changed the way university fees are set with the Job-ready Graduates scheme. The idea was to steer students into courses that would lead to “the jobs of the future” by making some fields (such ...

Millions of university students may see their debt increase by thousands of dollars after a bill to pause HECS-HELP indexation was rejected by the Senate. Last year, Greens Senator Mehreen Faruqi introduced new legislation to freeze student debt in a ...

A huge deadline is looming for almost three million university students saddled with student debt, who have just six days before they are hit with a big payment increase. From June 1, the indexation rate applied to HECS–HELP loans will ...

New research has concluded that university-educated females in Australia have accrued a bigger HECS-HELP debt and also earn less than their male counterparts. The findings appear in Futurity Investment Group’s Impact of University Debt Report, which surveyed more than 1000 ...

Prospective university students might be turned off a career in nursing under changes to university loan repayment thresholds, the Australian College of Nursing (ACN) has warned. The college said the move might exacerbate anticipated workforce shortages – a dearth of ...