People in higher education may find they have to be more careful when handling their student finances as universities start to expand.
Professor Wellings, the incoming vice chancellor of the University of Wollongong, likened the current trend among school leavers to the situation in the UK, reports the Australian.
He explained that it is "now the norm" to go to university in Britain, but observed that there is still some debate about where fees are to come from.
"It's clear Australia has a younger population and as the participation rate goes up the cost to the state will rise, unless individuals pay more," he stated.
If those heading to university in the future are to pay more for their fees, it may be all the more important to compare student banking options to ensure that money stretches as far as possible.
This comes after student services expert Vince Callaghan was cited by the Age as saying that living costs are outpacing the income individuals in tertiary education receive.