The benefits of university are clear and measurable, but we can do more with constructive reform.
When it comes to increasing Indigenous Australians' participation in higher education, we could take a leaf from our neighbour's book.
For universities in Australia to get the most out of philanthropic donations, they need to develop persuasive cases for giving, and work with staff, communities and donors towards shared goals.
Practical ways forward for higher education policy reform include fixing the dysfunctional relationship between higher and vocational education or government-sponsored analysis of the future of work.
To make graduates employable and close the training gap, we need to strengthen links to industry and pay attention to the changing needs of businesses.