Studying education just became more affordable

Andrea ChesterLeave a Comment

Minister Tehan is set to address the National Press Club at 12:30 today on the topic of Job-Ready Graduates.

A range of changes are expected to Higher Education in 2021 including an increased domestic market, with the 20,000 year 12 students who usually defer their study for travel and work now more likely to commence tertiary study as well as an upsurge in the number of workers re-skilling as a result of job losses.

It is anticipated that Minister Tehan will announce extra university places for Australian students along with changes to funding. An extra 39,000 university places by 2023 and 100,000 by the end of the decade are expected.

Student fees for degrees in areas of high jobs growth are set to fall, with increased government funding and a new four tier funding system. In good news for us, Education degrees are predicted to see a 46% decrease in fees, making them a more attractive option for many applicants as well as more attractive elective options.

At the same time fees for humanities and communication degrees will more than double and the cost of studying law and commerce will increase.

As noted in the Sydney Morning Herald this morning

The government predicts 60 per cent of students will see reduced or unchanged fees. No current students’ fees will increase as the changes will be grandfathered. Fee reductions will apply to existing students.

Tune in at 12:30 and watch the press for further details…

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