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?
L’expertise universitaire, l’exigence journalistique
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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.
Les contributeurs les plus fréquents
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Professor in the Practice of Higher Education Policy, Australian National University
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Fellow, Higher Education Program, Grattan Institute
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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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Law Professor, University of New England
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Lecturer, Department of Accounting, Finance and Economics, Griffith University
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Professor of Economics, University of Technology Sydney
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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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Director, Policy Impact, College of Business and Economics, Australian National University
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Associate Professor, Melbourne Centre for the Study of Higher Education, The University of Melbourne
