Postgraduate researchers Maxim Buckley (University of Adelaide) and Hayley Caldwell (University of South Australia) have lodged a petition with federal…
Browsing: HECS
The Federal government has announced major changes to HECS indexation as part of the budget on May 14th. Debt will now be indexed to wage growth as opposed to the Consumer Price Index (CPI) and that reform will be applied retroactively to last year.
Nineteen years ago, the Howard Government introduced reforms to the HECS system that gave universities sovereignty over their fees, up…
Students face the daunting reality of entering the workforce with historic, ever-increasing levels of personal debt amid stagnant wages.
The open letter addressed the broader context of cost of living pressures, the declining value of a university degree, and a more precarious job market as key reasons for more consultation prior to indexation.
The changes to grandfathering will affect students who commenced their degrees before January 2021.
If inflation remains at 7.8 per cent by 1 June next year, the average student debt will increase by $1847.
A USyd spokesperson says they cannot “retrospectively” change fees for existing students.
Students from across the country travelled to the ACT as part of the ongoing action against the government’s proposed attacks on the university sector.
Speaking to students who’ve failed subjects in light of the proposed punitive changes to HECS.
