Back in May, the Governments offered some suggestions to cut student debt from its current standing at $42 billion.
They included lowering the individual HELP repayment threshold from $54,126 to around $40,000 and conducting a household means test (incorporating not just your income but potentially those you live with, such as parents or partners) to decide when students should start repayments.
Also proposed: increasing the cost of popular, “Flagship” courses (through partial deregulation, which basically involves unis giving up public funding in exchange for setting their own course prices) and claiming HECS debts from the dead.
Well, yesterday, the Federal Department of Education released submissions from Australian univers…
Read the full article at: https://studentedge.com.au/article/aussie-unis-hit-back-at-government-help-debt-proposals