Would have loved to see Resolve include a split on uni grads vs non-uni grads. I wonder if this has been polled before?

Only a minority of voters, including Labor voters & 18-34 y.o. voters, support free higher ed. But majority support for lower costs to students. theage.com.au/politics/fed...

Your Guardian article quote is a typical normative and unconsidered media line looking for attention. HELP loans are repaid depending on income - you can die with it and it will just go away. You only end up paying what you can realistically afford, and Labor just made repayments more generous

Prof Chapman's HELP scheme is very sensible. Remove any upfront (tuition) cost to attend university, but ensure grads - who generally receive higher incomes post-graduation than they otherwise would have - pay their fair share, instead of the taxpayer

I ran out of characters...but it's technically zero-real-interest. In fact, it's now equal-or-less than 0% real interest since indexation is calculated as min(CPI,WPI). Even if you repay none of your loan, the real value stays flat year-on-year.

Australia’s proposed 20 per cent student debt wipe is unfair Better to revise the previous government’s tuition fee hikes than redirect taxpayers’ money into wealthy graduates’ pockets, says Maxwell Yong

More of my thoughts on this in my recent oped.

tldr: Uni debt relief is generally regressive. Especially in Aus where we have zero-interest income-contingent loans, so grads are not hugely burdened by student debt like in the US

#highered #academicsky

www.timeshighereducation.com/blog/austral...

Voters back Labor’s proposed HECS changes. They are even keener for an overhaul of uni fees But the key adviser who helped devise the HECS regime, Bruce Chapman, has warned against the “fantasy” of free education.

Supposedly 54% of Aussies support Labor's proposed 20% cut to student debt. I wonder how many of this 54% would change their mind if they appreciated that:
1. This benefit mainly goes to rich uni grads
2. This benefit will be directly funded by them through taxes

www.theage.com.au/politics/fed...

My oped in Times Higher Education today: The Australian student loan HECS debt write-off is regressive and unfair to taxpayers

#academicsky #highered #hecs #auspolicy #university #studentloans #aushighered

Thank you @jankabatek.com for being an awesome referee!

Australia’s proposed 20 per cent student debt wipe is unfair Better to revise the previous government’s tuition fee hikes than redirect taxpayers’ money into wealthy graduates’ pockets, says Maxwell Yong

maxyong.bsky.social on why he does not support a policy to reduce his HELP debt by 20%.