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FactCheck: does Australia run one of the more student that is generous schemes on the planet?

Senior Associate within the advanced schooling system, Grattan Institute

Adjunct professor, RMIT University

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Australia runs perhaps one of the most student that is generous schemes on earth. – Minister for Education and Training Simon Birmingham, talking to Sarah Dingle on ABC broadcast National Breakfast, 4, 2016 january.

When expected for information to aid the assertion, a representative when it comes to Department of Education and Training stated that

When compared with other education loan schemes, the income-contingent nature of both Higher Education Loan Programme (HELP) loans Trade help Loans (TSL) protects low earnings earners from making loan repayments they might not be in a position to manage. Australia’s education loan schemes enable deferment of payment responsibilities in instances of extreme pecuniary hardship… throughout the life of the mortgage Australian pupils spend no interest rate that is real. Continue reading