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Aussie students paying for a Harvard education.

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Aussie students paying for a Harvard education

Australian students will have debts similar to those for a Harvard graduate under changes announced under the Federal Government’s higher education reform package Our Universities - Backing Australia’s Future, Senator Harradine said today.

“Education Minister Brendan Nelson confirmed in March that the average HECS debt is about $8,000. At least 20% of students owe more than $12,000”, Senator Harradine said.

“But universities will be allowed to increase their student fees by up to 30%.

“This will mean 20% of students will have the same debt as students who have studied for a Harvard degree. Students graduating from Harvard University have an average debt of US$10,450 - about A$16,000.

“Should Australian students really be in the position of having the same debt as the children of the United States elite?”

15 May 2003

Senator Brian Harradine, Tel. 02 6277 3735