Student loans

Student debt
Fact sheet

Fact Check: Is the Government's plan to charge interest on existing student loans a broken contract?

Greens Higher Education spokeswoman Lee Rhiannon claims the Government's plan to charge interest of up to 6 per cent on student debts amounts to a broken contract.

DASSH Response to the Inquiry into Provisions of the Higher Education Support Legislation (Student Loan Sustainability) Bill (2018)

Despite the proven contributions of Humanities, Arts and Social Sciences sector to the knowledge economy, attracting HASS students to enter and continue their studies in HASS degrees is creating additional burdens for students and families.

Design and implementation of the VET Student Loans program

The objective of this audit was to assess the effectiveness of the Department of Education and Training’s design and implementation of the Vocational Education and Training (VET) Student Loans program.
Working paper

Graduate indebtedness: its perceived effects on behaviour and life choices – a literature review

This review of available research on the consequences of student loan debt suggests that student loan debt, particularly in the United States, tends to have a negative impact on people’s lives after university. Specifically, it appears to have a negative impact on career choices, home...
Discussion paper

Redevelopment and audit of the VSL data collection: discussion paper

This discussion paper opens consultation with VET Student Loans (VSL) stakeholders to seek views on how the department and DHS can ensure relevant, high quality data is collected through the Collection, using best practice submission processes.

Dropping out: the benefits and costs of trying university

Some students who drop out of university never seriously engage with their course, and needlessly accrue a HELP debt before they leave. This report recommends new ways to protect students from unnecessary financial burdens.
Working paper

How did removing student allowances for postgraduate study affect students’ choices?

From 1 January 2013, students in New Zealand who entered postgraduate qualifications other than Honours were no longer eligible to receive student allowances. We use individual-level administrative data, that includes tertiary enrolment information, student allowance receipt, student loan borrowing, and wage earnings, to investigate whether...

The Higher Education Loan Program (HELP) and related loans: a chronology

This research paper contains a brief summary of the development of the Higher Education Loan Program (HELP) and related schemes, including VET FEE-HELP, and includes some relevant statistics, as well as a detailed chronology of changes to the scheme.

Administration of the VET FEE-HELP scheme

The VET FEE-HELP (VFH) scheme was a component of the Australian Government’s Higher Education Loan Program. Under the program, eligible students could access Government income contingent loans, which removed up-front cost barriers to tertiary education and training. VFH loans were incurred by the student and...

Shared interest: a universal loan fee for HELP

A 15 per cent loan fee on all new tertiary education lending could save the Commonwealth $700 million a year and make the Higher Education Loan Program more affordable for government. The fee would help to offset the government’s interest costs, while being fair to...