New calls are being made for higher education to be free in Australia. Here’s Why Experts Say It Won’t Work
In his early 20s, Mr. Corr owes about $20,000 for his arts studies and is expected to graduate this year.
Many Australian university students want to see something similar implemented for HECS-HELP debt.
Atticus Corr could have around $80,000 in student debt to pay once he completes his master’s degree.
Ms. Thompson believes the federal government should go even further.
“But I still don’t like the idea of having to pay it back at all given that most of the people who sit in parliament and raise the price of arts degrees are people who have access to free education anyway. .”
Experts say canceling student debt won’t work
“That would mean higher taxes or most likely a lack of full funding for the programs we have now,” he said.
“Free education is always beneficial”
But she said a main point to the idea of free education is whether jobs would be available for those who graduate.
Sophie Nguyen, President of the University of Melbourne Students’ Union.
How Australia Compares to the World on University Fees
Australia is next, with an average annual cost of around US$5,000.
While Denmark, Finland, Norway, Sweden and Turkey all offer free education to residents.
How does student debt work in Australia?
The federal government is in the process of establishing a university accord to drive university reform, under which the cost and affordability of college degrees should be considered.