
21 July 2015 ……………………………………………………………………………………………………… Two of the key architects of the original HECS, Dr Tim Higgins and Professor Bruce Chapman, have produced a new report that argues for significant reform to the income contingent loan scheme that would extend it to more VET students while making it affordable. They argue that extending income contingent loans to more VET students is required to ensure equity among tertiary students, but this would require adjustment to the current system otherwise it would not be financially sustainable or equitable. They note that when compared to university graduates, Certificate III and IV completers have low incomes and, for women, low … [Read more...]