
ABC News Australia recently released a snippet of a speech by the Director of the Australian Institute, Richard Dennise, to the National Press Club stating university students are the real ‘backbone of the economy’. *Sarcastically gasps* Like we didn’t already know.

I know what you’re thinking after reading that headline. Of course, university education should be free! Everyone should have equal access to a quality tertiary education, if that is something they want to pursue. But the truth is, it’s just not as simple as giving out free degrees.

Australians living with HECS or HELP loans will likely be facing thousands of additional dollars added to their debt in the new financial year, after a bill proposing major changes to the higher education loan system was rejected.