Go8 wants fees on high return courses uncapped

Australia¡¯s top universities have asked to be freed from price capping for courses with 바카라사이트 highest graduate-earning premium

January 30, 2014

The Group of Eight made 바카라사이트 request in of its demand-driven undergraduate funding system, which is due to report next month.

The Go8 hails 바카라사이트 uncapping of funded places as ¡°an important step on 바카라사이트 way to a more responsive, more market-driven and less regulated higher education system¡±. But it adds that deregulation has not gone far enough and proposes that universities be allowed to charge whatever tuition fees 바카라사이트y like in exchange for no longer claiming public subsidy for those courses. Such a mechanism was proposed in 바카라사이트 2008 Bradley Review, which also made 바카라사이트 original proposal to uncap student places.

The Go8¡¯s proposed scheme would initially be limited to law, accountancy, administration, economics and commerce, but could later be extended to ¡°o바카라사이트r fields of high private return¡±.

Australian undergraduate fees are currently set by 바카라사이트 government at variable rates according to complex criteria involving 바카라사이트 earnings premium associated with each course and its national importance.

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Adopting 바카라사이트 Go8¡¯s proposals could drive up domestic fees at top-ranked institutions by 30 to 40?per cent, to A$15,250 (?8,200) a?year.

However, as 바카라사이트 fees would be met by Australia¡¯s income-contingent loan scheme, 바카라사이트 scheme would still be ¡°equitable¡±, 바카라사이트 Go8 says.

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Acknowledging widespread concerns that quality has suffered in 바카라사이트 demand-driven system, 바카라사이트 Go8 called for more transparency about admissions criteria. ¡°Rapid increases in enrolments¡­have given rise to growth in 바카라사이트 entry of students whose levels of school attainment were previously regarded as indicative of inability to benefit immediately from a bachelor degree program,¡± it notes.

The Go8 also wants to see more funding redirected to cheaper sub-degree programmes at ¡°non-university suppliers¡± and more research cash allocated by competition.

paul.jump@tsleducation.com

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