next year, on average, compared with 7.1 per cent in 2023, higher than the 6 per cent inflation rate, and arts and law students will be the hardest hit.
“The federal government has deferred this problem to be dealt with by its review of higher education, but I would think it should be put in the urgent category,” Australian National University policy expert Andrew Norton said. As a result, an arts graduate with honours pays about the same as a medical or dentistry student would for a“There is no equity in a funding system whereby humanities students will be paying 93 per cent of their course costs, with the amount added to their HELP debt in 2024 nearly 50 per cent higher than in 2019,” Group of Eight chief executive Vicki Thomson said.
Ms Thomson said the Albanese government had been slow to address the unfairness in the system, though it had acknowledged when it came to power that it was incoherent. The accord panel has stated very clearly that the scheme risks damaging the sector if left unaddressed – and yet it prevails in 2024, and students will bear the brunt of delays in addressing how we fund university teaching in this country.”, alongside the cost of living for students and the cost of disadvantaged young people missing out on a university place.