Debt spiral on $50,000 arts degrees to get worse as indexation hits

Debt spiral on $50,000 arts degrees to get worse as indexation hits | Australian Greens Skip to main content Search Get Involved Join Donate Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Media releases Take action Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement About the Greens Become a member Jobs Green Magazine All news Get Involved Join Donate Search Our plan Toggle Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Toggle Federal MPs State/territory MPs Officeholders Media releases Take action Toggle Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement Toggle About the Greens Become a member Jobs Green Magazine All news Debt spiral on $50,000 arts degrees to get worse as indexation hits 2026-06-01 Student debt will increase by over $1 billion today, as students and graduates already struggling with skyrocketing uni fees and the cost of living crisis are hit with 2.8% indexation.

Lines attributable to Senator Mehreen Faruqi, Greens Deputy Leader and spokesperson for Tertiary Education: “While the Albanese Labor government sits on its hands refusing to immediately get rid of job-ready graduates fee hikes, arts students will get smashed with another hit as the cost of their $50,000 degree grows yet again with indexation. “Young people are already being locked out of the housing market, denied loans and rethinking dreams of further study, and things are only getting worse because Labor has not scrapped job-ready graduates.

“The Prime Minister cannot claim to be addressing intergenerational inequity while keeping in place the grossly unjust job-ready graduates fee hikes, which are disproportionately impacting young people and already disadvantaged students. “The time to get rid of JRG is now, not in 18 months or another two years. There is nothing stopping the Albanese government from doing so except themselves.” Facebook for the Australian Greens YouTube for the Australian Greens X for the Australian Greens Instagram for the Australian Greens Bluesky for the Australian Greens Privacy Members website Your safety Contact us Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action In your language 2025 policy platform Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Federal portfolios Federal media releases Take action Volunteer Donate Issues & campaigns Upcoming events Greens Shop Leave a bequest Green Magazine All news Our movement About the Greens Become a member Jobs Members website State/territory parties Contact us The Greens acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture.

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