Poison
Pro-Bowler
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Forgive my ignorance, or if my understanding is incorrect please feel free to tell me, but why can’t / doesn’t the government lend money to students and then simply apply interest year to year at the prevailing consumer price index on the remaining amount? That stops oppressive interest rates from denying students the opportunity to buy into the property market etc. while ensuring there is an incentive to repay the debt.
It also looks like there is a different conversation to be had in relation to fixing the price of certain degrees. To put it into context, annual tuition at LSU law school, which is scarcely ranked inside the top 100 in the US (not globally, the US), costs more than the University of Melbourne down here which is ranked 10th globally, behind only Oxford, Cambridge and the London School of Economics and Political Science in the UK, five Ivy League schools and NYU in the US. On my uninitiated view then, it would seem that degrees are way overpriced.
It also looks like there is a different conversation to be had in relation to fixing the price of certain degrees. To put it into context, annual tuition at LSU law school, which is scarcely ranked inside the top 100 in the US (not globally, the US), costs more than the University of Melbourne down here which is ranked 10th globally, behind only Oxford, Cambridge and the London School of Economics and Political Science in the UK, five Ivy League schools and NYU in the US. On my uninitiated view then, it would seem that degrees are way overpriced.