Search

« Back to Publications

University, vocational training debts to skyrocket costing budget billions, documents show

The ABC’s Dan Conifer reports (6.4.16) on the federal government’s plans to absorb billions of dollars of unpaid higher education debts, while committing to cutting back funding to the tertiary sector.

‘The Federal Government is preparing to write off billions of dollars of higher education loans as the number of bad debts soar.

‘An ABC Freedom of Information (FOI) investigation has revealed the Government is forecasting losses of more than $13.5 billion on just four years’ worth of loans.

‘The figures come after the Government recommitted to university funding cuts and fee deregulation.

‘The Coalition is also considering changes to the scandal-plagued vocational education sector, which is helping fuel the bleak fiscal predictions.’

The TJRyan Foundation does not guarantee the accuracy, currency or completeness of any information or material available on this website. The TJRyan Foundation reserves the right to change information or material on this website at any time without notice. Links from this site to external, non-TJRyan Foundation websites should not be construed as implying any relationship with and/or endorsement of the external site or its content by the TJR Foundation, nor any commercial relationship with the owners of any external site. Should any TJRyan research project be funded by an individual or organisation the source of funding will be stated beside the research report. In all other cases contributions are provided on a pro bono basis.
Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles

This field is for validation purposes and should be left unchanged.