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Australia

How to fix the Morrison-era student contribution policy

Three economists from the Australian National University have achieved in a few months what the federal government took six years to do: devise a solution to the broken student contribution system known as the Job Ready Graduates (JRG) scheme.

Produced by Bruce Chapman, Tim Higgins and Gaurav Khemka a model This makes the system fairer for most students while remaining roughly budget neutral.

Their goal was to create more equitable HECS‑HELP reimbursements based on expected career earnings across 24 fields, assuming that total funding to each discipline and institution would remain largely unchanged.

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