Reports today on the number of disadvantaged students dropping out of university is further evidence on why students don't need the Liberals' plan for $100,000 degrees or changes to the GST that will increase the cost of everything.
The report, to be published in the Oxford Bulletin of Economics and Statistics, reveals that one in three students from disadvantaged backgrounds are dropping out from university compared to one in eight students from wealthier backgrounds.
Australia needs a university system that is fair, equitable and prepares students for the jobs of the future.
Students don’t need a system that will burden them with a lifetime of debt and a government that will slug them with a 15 per cent GST, which will only see them paying more.
Labor wants not only to see more Australian’s attending university, but also more graduating without a lifetime of debt.
Today’s reports are backed by Department of Education research, which states that almost 25 per cent of students are leaving university with a debt but without a degree.
Labor wants to see this change and has an ambitious plan to increase the number of students completing their study by 20,000 graduates a year from 2020.
The number of students from disadvantaged backgrounds who attend university is still unacceptably low and Labor will work with universities to boost opportunities for students from these communities to go to university.
Labor also wants to work with universities to help them become more responsive to their local communities and to national priorities, especially with regard to the needs of the labour market.
Only a Shorten Labor Government has a positive plan for Australian universities to:
1. Increase the number of students completing their study by 20,000 graduates a year from 2020.
2. Deliver more information for parents and students so they can make good decisions about university.
3. Introduce a new Student Funding Guarantee to remove the need for higher fees and a lifetime of debt.
4. Invest $31 million to boost the quality of teaching and resources in our universities.
5. Establish an independent Higher Education Productivity and Performance Commission to ensure graduates meet the needs of the future economy.
Labor is committed to investing in the skills, science, research and innovation that will create and sustain the jobs of the future.