Labor’s federal election win means university fees and costs are set to change. But some of these changes will not be immediate.
Prime Minister Anthony Albanese has already said planned cuts to student debt will be a top priority for the the new parliament. A new student debt repayment system will follow soon after.
But humanities students paying nearly A$17,000 a year for their studies – thanks to the Job-ready Graduates scheme introduced by the Morrison government – will probably have to wait until 2027 for lower fees.
Reduction in student debt
People with student debt will benefit from a 20% cut to how much they owe. As the Greens support wiping student debt entirely, Labor is likely to only need one or two other senators to…