Tag: Australia

Another Australian Fee Revolution?

To Australia, where big things may be afoot.  One thing about Australian higher education politics is that they tend not to do small reforms, regardless of which party is in power.  Where undergraduate fees are concerned, it looks like there might be another big shift, so let’s look at the current state of play. Here’s the first thing you need to understand about undergraduate fees in Australia: they don’t work like fees anywhere else in the sense they are not

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Cross-National Student Loan Repayment Comparisons

As I mentioned yesterday,  there was a big change in US student loan policy last week, namely with respect to income-based repayment.  As I see it, the new rules make it one of the least onerous places in the world in which to repay student loans, by some standards.  But before I substantiate this claim, I need to discuss how student loan repayments work around the world. Trying to compare loan burdens across national borders can be tricky because the

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Student Loans and Income Tax Systems

Last week, I blogged about my disappointment with the Throne Speech.  However, I left out one really promising thing; namely, the idea that it would make possible free, automatic tax filing for simple returns to ensure citizens receive the benefits they need.  This is good, but in some ways insufficiently ambitions.  They should go further and fully modernize the system to make possible the collection of loans through the income tax system and thus make possible a more fully income-contingent loan

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Fall 2020 international Round-Up: Australia

Australia, along with New Zealand, was among the first countries where higher education grappled with the virus.  In Canada, where term starts at the beginning of January, international students all made it into the country before the virus really hit; in Australia, where it starts in March, they didn’t.  This led to an immediate hit in the region of A$3-5 billion (which is a lot, considering that fee income in 2018 from international students was about $9.5 billion). Universities Australia

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Jobs

I mentioned a couple of weeks ago how the financial position of US universities during the pandemic was going to be absolutely shattered.  In the public sector, that’s because states can’t deficit finance and so a declining tax base translates directly into lower public revenues for institutions; in the private sector it’s because there’s a real question about whether any students are going to pay $40K+ for an online semester.  The Chronicle of Higher Education is keeping track of the layoffs at US

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