Erika Thought Her University Education Was Worth It. Then She Got the $130,000 Bill
- The cost of some university degrees increased sharply to $50,000 due to the Job-ready Graduates Package introduced in 2021.
- George Wen has seen his debt rise significantly due to government indexation and expects nearly $10,000 in forgiveness from new legislation.
- Chief Executive Luke Sheehy supports the government's changes but calls for further reform on university fees and debt issues.
- Associate Professor Gwilym Croucher highlighted the importance of universities informing students about the financial implications of their degrees.
10 Articles
10 Articles

Erika thought her university education was worth it. Then she got the $130,000 bill
Recent graduates saddled with a university loan debt will save up to $1300 a year under new repayment rules set to pass the Senate next week. See how much you can save.
Labor Pushes Ahead with 20 Percent Student Debt Cut
As federal parliament resumed for the first time since the election, Labor introduced its top legislative priority, the Student Debt Cut Bill. Roughly three million Australians stand to benefit from an automatic loan adjustment later this year, alongside a revamped repayment model. “These are the Australians who will build Australia’s future, who are already building it, and this will take a weight off their back,” Education Minister Jason Clare…
Government to introduce student loan debt relief bill - ABC listen
As parliament returns for the first time since the federal election, the university sector will be front and centre with the government introducing its student debt relief legislation this week. The changes come as universities continue to face uncertainty amid a clamp down on international student numbers. Guest: Andrew Norton, Professor of Higher Education Policy, Monash University Producer: Max Chalmers
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