Campus Review Volume 26. Issue 4 | Page 15

pOLicy & refOrm campusreview.com.au Universities Australia chief executive Belinda Robinson calls the Grattan paper a “welcome contribution to a much-needed public discussion on how a great student loan program can be made fairer and more financially sustainable”. Robinson argues adjustment to HELP is necessary, as the current system allows “some very well-off people to avoid paying their debt”. She encourages government to explore debt recovery options that don’t undermine HELP’s “fundamental policy intent”. Meanwhile, the National Tertiary Education Union is voicing its opposition to any lowering of the threshold. NTEU national president Jeannie Rea says Grattan “seems to be helping the government save some money at the cost of students”. Rea rejects the report’s modelling showing that lowering the threshold may help graduates in the long run, as they’d pay off their debt faster. Instead, she proposes lowering university fees, so graduates have less debt to begin with. “The intention of the income-contingent HELP loan scheme is for graduates to repay when their financial position is better established, and then further contribute over their working life paying income taxes,” Rea says. “The best way to improve the financial viability of the HELP scheme is to lower the average level of student debt by lowering university fees.” In contrast, Conor King, executive director of Innovative Research Universities – a network representing Murdoch, La Trobe, James Cook, Charles Darwin, Griffith, and Flinders universities – says he wouldn’t oppose lowering the HELP threshold “if it was part of a broader package to ensure universities have the money they need, to provide the education students need”. “The [Grattan] data is more interesting than the conclusions,” King tells Campus Review. “The whole question of where the threshold sits is really just to get the balance right between people repaying enough of the amount the government lends them. “[The Grattan report] does show that if you lower [the threshold] a little bit, you start to bring in a lot more people who are paying back a lot more quickly, which would lead more people to finish up the debt and get rid of it within their first 5–10 years [after] graduation. There are certainly some advantages from that, but you do need to look at the impact on [those] who would be paying back. It does tend to target perhaps women a little bit more, who might have part-time work.” King also argues that the report’s data fails to separate out those paying off debts relating to VET courses. With many holders of such qualifications earning less than university graduates, and with a huge expansion of the VET sector in recent years, King says their inclusion in the data “makes some of the figures look worse than they really are”. n Endeavour Scholarships for researchers and professionals Australian academics and professionals in any field are encouraged to apply for an Endeavour scholarship or fellowship to undertake study, research or professional development overseas. Organisations could consider bringing this opportunity to the attention of their international counterparts who may wish to host an international scholar, researcher or professional. Aboriginal and Torres Strait Islander researchers and professionals are strongly encouraged to apply for an Endeavour scholarship or fellowship including the Endeavour Research Fellowship for Indigenous Australians. Applications for the 2017 round are now open. Interested scholars, researchers and professionals should visit: http://internationaleducation.gov.au/ Endeavour ED16-0062 The Australian Government provides opportunities to high-achieving research scholars and postdoctoral fellows who wish to gain an international perspective and develop linkages overseas. 13