The prime minister has conceded the government needs to do better among younger Australians following figures showing they will have a higher repayment burden from their university education. Projections from the Parliamentary Library, commissioned by the Greens, showed those with higher education loans would likely face an increase of between 4.2 and 4.8 per cent when the next indexation takes place in June.
“There’s a range of areas where we need to do much better with the younger generation basically, and HECS is one of them,” he told radio station Hit Central Queensland on Thursday. “What we’ve done is we’re developing a universities accord, essentially with all of the universities across the board, and what that has said is that the system can be made simpler and be made fairer.
Source: News Formal (newsformal.com)
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