Universities actively promote themselves to potential students, control admissions and deliver programs of study. For most students globally, there are financial costs to attending university. At the extreme end of failure are students who receive 'zero-fails': they enrol, do not submit any assessments, and receive a mark of 0 out of 100. A…

In Australia, a range of financial services, including education bonds, high interest personal loans and credit card debt, have long been used to help families pay for the cost of schooling. However, innovative financial technology (fintech) solutions are emerging which align with the growth of a lower risk 'buy now, pay later' phenomenon.…

Between 1965 and 2010, most federal student loans were issued by private lending institutions and guaranteed by the government, and most student loan borrowers made fixed monthly payments over a set period--typically 10 years. Since 2010, however, all federal student loans have been issued directly by the federal government, and borrowers have…

There has been substantial growth in postgraduate coursework study in Australia since moves towards deregulation began in the early 1990s. This growth in postgraduate coursework education has brought benefits for both institutions and individuals. However, in a deregulated fee environment these benefits now risk being outweighed by the mounting…

Does the gender pay gap affect women's ability to repay their student debt? This study investigates the extent to which an income contingent scheme benefits women because of their individual earnings. Using the Australian Household, Income, and Labour Dynamics in Australia Survey, gender differences in debt repayment behaviour over the past two…

First-year university student attrition has been widely explored. However, there is a gap in our understanding when it comes to later years. Why do students who successfully navigate the hurdles of transition into university become at risk of exclusion in the middle years of study because of poor academic progress? This qualitative project…

This paper summarises the evolution of student contributions in Australia since 1989, exploring system redesigns that commenced in 1997, 2005 and 2021. Public and private benefits are recurring themes in setting student contributions, both as high-level justifications for government policy and in pricing specific disciplines. Professor Andrew…

Strong basic literacy and numeracy skills are important foundations for making sound financial decisions. Curriculum design, pedagogical methods and stakeholder involvement can all be harnessed to build student financial knowledge and well-being. This "Trends Shaping Education Spotlight" touches on growing financial risks for…

Concepts of social justice have strong historical roots, while more contemporary notions of social justice coincide with human rights, equity, fairness and facilitation of social change with lasting impact. In higher education, evident examples of social justice include widened university access facilitating a diverse student body and graduate…

In this paper I argue that in the aftermath of the Global Financial Crisis of 2008-2009 young people, certain populations of young people in particular, are being made to bear a heavy burden, carry significant responsibilities for re-imagining their lives as a enterprise--an enterprise in which an "investment" in education and training…

Federal free-college policies are now at the center of the Democratic higher education agenda. Sen. Bernie Sanders helped move the idea into the mainstream during the 2016 presidential campaign, and other lawmakers have since worked to advance the policy in Congress. Joe Biden effectively put free college on the ballot in 2020 when he fully…

This study of the financial circumstances of students at Australian Universities is being undertaken by the Melbourne Centre for the Study of Higher Education (MCSHE) at the University of Melbourne for Universities Australia, which has funded the study. Universities Australia is the peak body for Australia's universities. The purpose of the…

We surveyed 355 junior doctors (first 4 years of post-university training; 69% female, mean age = 28 years) from multiple hospital and practice locations and used an online questionnaire to assess their training-related demands (academic stress, concern about training debt, and hours worked), academic burnout, and personal resources…

This study compares tuition funding arrangements, debt at graduation, and earnings outcomes for full-time domestic undergraduates in eight Anglophone countries: the United Kingdom (England, Wales, Northern Ireland, and Scotland), United States, Canada, Australia, and New Zealand. According to multiple estimates, the average English student faces…

In two decades, Australian university students have accumulated over $25 billion in debt, a figure that is expected to increase dramatically over the next few years. The literature has rarely considered students' attitudes about ancillary services and amenities, despite their importance to the character of university life and substantial…