Minister opposes university fee proposals
Tertiary education minister Chris Evans believes that Australian universities should not be allowed to set their own fees.
Some institutions have warned that they are in danger of falling into debt unless they hike their tuition costs, but Mr Evans is adamant that the existing national fee structure should remain in place.
A lot of academics are already finding it extremely hard to keep their student bank accounts out of the red as it is and any further changes may price many Aussies out of further education.
University World News recently reported that more Indian youngsters are choosing to study down under instead of the UK, but any potential fee hikes could affect the number of foreigners who secure places on Australian courses each year.
Speaking to the Sydney Morning Herald, Mr Evans insisted claims that universities are poorly funded are "alarmist and inaccurate".
"What we know about deregulation of fees is that we see a vast increased cost to the student and we don't see any real competition on price," he was quoted as saying.
Have a question about student banking? Ask the money gurus at Mozo Answers.