Wednesday, July 23, 2014

HECS. Why the new university rules hit low income earners the hardest

Life Matters Wednesday July 23, 2014

Imagine this. Two students, both going to university at the same time, both charged the same fee and both graduating together, but one has a manageable debt - perhaps 50 or 60 thousand dollars - and the other ends up paying $100,000.

New calculations about the effect of the government's higher education changes suggest it's possible, and the student who ends up paying the most will be the student on the lowest income....

15 minutes, play or RIGHT CLICK to download mp3


. Poor graduates to pay about 30 per cent more than rich under Abbott government's university interest rate fee changes

. Unpopular uni debts likely to be reversed

. Overview of Higher Education Budget Changes

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