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Employers and state governments could help pay workers student debts in a bid to encourage graduates to stay in industries experiencing worker shortages.
A major review, known as the Universities Accord, released its interim report on Wednesday and said Australias student debt policy needed a refresh to stop discouraging people pursuing higher education.
The report outlined 70 recommendations for consultation before a final report due in December.
This included changes to the Higher Education Loan Program (HELP) which the review said was not working well enough.
HELP is now over 30 years old and needs a refresh, the report said.
As a result of this lack of policy attention, access to student income suppor…
Read the full article at: https://thenewdaily.com.au/news/2023/07/19/soaring-student-debt-sparks-call-for-policy-reset/