Debt-burdened overseas students decry skill list cut

Overseas students are likely to take to the streets in protest at substantial cuts to the Rudd government’s migrant priority skills list, a student representative has warned.

Speaking to the Australian, Navjot Singh, president of the All International Student Association, said that many thousands of overseas students had taken out huge loans against family properties in their homelands to enrol on courses like cookery, hairdressing, business and finance which are no longer on the list.

"They fear their family homes could be repossessed, as that’s how they got their education loans of $30k to $100k," he said.

The government has cut by more than half the number of occupations and professions in the skilled migration program in a bid to halt the practice of dodgy colleges using such courses to help non-students achieve migration.

Mr Singh said many students felt "100 per cent betrayed" by promises of residency by the Australian government, education agents and providers.

Such news may interest Aussies who wish to compare student finances in search of the best options. Last week, it was revealed that new funds have been set aside for government-backed student loans as part of the latest federal Budget.

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