A cap is a sensible option, but it must form part of a total redesign of the VET financing system.
Loan caps are only a partial solution to a much bigger problem – declining public investment in VET and a dysfunctional VET financing system, which neither side of politics has been willing to address.
Income share agreements work quite like federal loans.
Student debt image via www.shutterstock.com
In income share agreements, students agree to pay a percentage of their future income to a private company or lender in exchange for additional money to cover college expenses. Are they for everyone?
Uncapping fees for some degree courses is still an option.
While the government finally ruled out full fee deregulation in its 2016 budget, it is still contemplating uncapping fees for some degree courses. Here's what else is being discussed.
A new report has drilled down into how much graduates from particular courses earn. What does it mean for universities?
What is the best HELP repayment option for all graduates?
Combining a lower repayment scale with a super option would allow for earlier repayment of HELP loans and greater flexibility for graduates to manage living expenses early in their careers.
$4 billion of student loan debt is likely to never be repaid by 2025.
Academic experts respond to the latest report by the Parliamentary Budget Office on the impact of student loans on the budget.
Should we lower the threshold at which graduates repay their university debt?
A new report has called on the government to lower the threshold at which university graduates repay their debt from $54,126 to $42,000. But is this fair on students?
A early chest, belonging to Sir Thomas Bodley, founder of The Bodleian Library at Oxford Unviersity.
When the first universities opened in Europe, some 800 years ago, students literally borrowed from a chest and used their books as collateral.
Is Education Minister Simon Birmingham right to say Australia runs one of the most generous student loan schemes in the world?
AAP Image/Mick Tsikas
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?
Should students know more about how their tuition fees are being spent?
Being up front about what public investment goes towards in higher education is an important step for providing greater clarity for students.
Debt lost from graduates working overseas is estimated to cost the taxpayer around $30m a year.
Australians who live in another country for more than six months will now have to pay back their student loans.
It’s difficult for students who are struggling financially to focus on their academic work.
For many students, stress about money is a terrible and unwelcome distraction from their degrees – qualifications they hope can lift themselves and their families out of poverty.
Where will the money come from for Hillary Clinton’s college plan?
Hillary for America
Hillary Clinton's US$350 billion college plan will need a doubling of the federal government’s funding to colleges. But this large expansion in federal dollars will not be without its own costs.
A crisis for whom?
Dollar image via www.shutterstock.com
For many borrowers — particularly those with advanced degrees — a high debt is far from a crisis.
On your own from here?
Piggy bank via Karen Roach/www.shutterstock.com
There are suggestions that grants to help students cover their living costs could be cut.
It’s an annual ritual, but commencement still has value.
Commencement image via www.shutterstock.com
As students walk to receive their certificates on commencement day, what are the thoughts of their teachers who stood at the same place some decades ago? What has changed?
One piggy bank for student loans and one for retirement.
Unpaid HELP debts are a problem, while super contributions may be lost. Should students use super to repay HELP?
More than just a pipe dream?
Jonathan Brady/PA Wire
It is now as close to a consensus as makes no difference that the current regime for funding higher education in England through high fees paid by students – or repaid by some graduates – is bust. Lord…
A less-conflicted future.
Laura Lean/PA Wire
Imagine being a young Muslim in the UK today. You are committed to your religious belief – which tells you that lending money at interest is forbidden in Islam – but you want to further your education…
Waiting to go off.
Student debt via PathDoc/Shutterstock
According to a new pamphlet issued by the Social Market Foundation, “the Tories’ student loan system that finances our universities, voted through by the Lib Dems, is a timebomb waiting to go off”. The…