The threshold for paying back student loans will vary depending on which party wins the election.
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Simon Birmingham, Minister for Education and Training, said this week that Australia runs one of the most generous student loan schemes in the world. Is that right?
Students rated their financial literacy quite low, which means many students who have managed to secure a place at university don’t believe they understand about debt.
Overseas debtors should have to repay their student loans, but it won’t recoup as much as repayments from deceased estates.
More than a third (40%) of government loans to vocational education and training students will never be repaid, according to a new analysis by the Grattan Institute.
Principales colaboradores
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Professor in the Practice of Higher Education Policy, Australian National University
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Honorary Senior Fellow, Centre for the Study of Higher Education, The University of Melbourne
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Lecturer in Behavioural Finance, Griffith University
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Adjunct Professor, Department of Leadership, Higher and Adult Education, OISE, University of Toronto
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Fellow, Higher Education Program, Grattan Institute
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Law Professor, University of New England
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Lecturer, Department of Accounting, Finance and Economics, Griffith University
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Director, Policy Impact, College of Business and Economics, Australian National University
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Senior Lecturer, Economics, University of Technology Sydney
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Associate professor, The University of Melbourne
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Research Fellow, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
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Associate Professor, Melbourne Centre for the Study of Higher Education, The University of Melbourne
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Professor of Economics, University of Technology Sydney
