Students have been urged to consider potential earnings compared to the cost of their university degree and long-term HECS debt.
Students paying some of the highest university fees are among the lowest paid graduates in the country, exacerbating fears that young people are being left with unsustainable HECS debts.$50,000 for a three-year degreeIn contrast, engineering and construction graduates, for whom degree costs have come down since 2020, have some of the best prospects both at graduation and three years into their jobs.
Dentistry , medicine , social work , engineering and teaching had the highest full-time graduate wages in 2023. Western Sydney University civil engineering graduate Heimy Molina said pay and job prospects were a consideration when deciding which degree to study. Veterinary science, teaching and engineering also had high rates, nearing 90 per cent employed full-time.
“One of the problems, especially for arts students, is the low rates of employment in the years after graduation. That means they’re being indexed but not making payments to reduce their debts.”
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cost discrepancies of university degrees unfair, students say, with some paying three times more than othersRecent figures from the Department of Education show the Job-Ready Graduate program has meant some students are forking out tens of thousands more for their degrees.
Read more »
Australian universities accused of awarding degrees to students with no grasp of ‘basic’ EnglishAcademics say universities have turned a blind eye to language shortcomings because of the revenue generated from international student fees
Read more »
Why your HECS debt repayments might not stop when it is paid off7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Coalition proposes relaxation of HECS, lending rules to help homebuyersThe federal opposition says banks need to take more risks or there will be a whole group of people unable to own a home.
Read more »
Coalition proposes relaxation of HECS, lending rules to help home buyersThe federal opposition says banks need to take more risks or there will be a whole group of people unable to own a home.
Read more »
Coalition proposes relaxation of HECS, lending rules to help home buyersThe federal opposition says banks need to take more risks or there will be a whole group of people unable to own a home.
Read more »