Australia 'is a good place for students'

Australia is very tolerant of its university population and gives people plenty of advantages because of their student status, it has been claimed.

Writing for the Sydney Morning Herald, former minister for employment, education, training and youth affairs Amanda Vanstone noted that there are many benefits – both financial and social – for those who go on to further education.

"University graduates generally get better jobs, have higher incomes, enjoy better health and spend less time in jail," she added.

Financially, she noted that students do very well because they are given a large low-interest loan, she explained.

Those who want to get the most out of their loan might consider going online to compare student banking.

This money does not have to be paid back until the borrower is earning nearly $45,000 Ms Vanstone noted.

At the end of 2010, the Australian newspaper obtained a brief indicating that the federal government was considering a Greens proposal in which all Aussie students and refugees would have the right to free university education.

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