She believes that if university education is going to saddle students as young as 17 with this level of debt, which could follow them around for life, extra measures need to be put in place.
“I think it should be either compulsory financial literacy training or there should be compulsory financial disclosures and all the rest of it, just like credit cards have to do.”
The cost of some degrees increased sharply with the introduction of former prime minister Scott Morrison’s Job-ready Graduates Package in 2021, with the cost of a humanities degree rising to $50,000.
The current government has stopped short of immediately reforming university fees and will take advice on fees from the yet-to-be-opened Australian Tertiary Education…