On the creation of higher education cartels

From a piece on “The Conversation” written by our Pro Vice Chancellor for research. It is a sobering thought.

Another was that PhD students will also incur additional HECS debt for each year of their PhD, and in the meantime have their undergraduate HECS compounding.If, like me, they go overseas for a few years gaining international postdoctoral experience then they’ll have the option of staying there and remaining HECS free or returning to a large compounded HECS bill.For women who take years off to have a family the effects will be especially severe. If they work part time while the kids are little they might not exceed the HECS threshold until they are well into middle age, and some might end up taking a HECS debt to the grave.

via On the creation of higher education cartels.

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