Australians have found themselves in the middle of a debate not unlike the ongoing dispute in the U.S. over the cost of higher education. This year, the Australian government unveiled a proposal that would allow universities to raise tuition without any regulatory restraints. Officials say the changes would make schools more competitive, but opponents believe college in Australia will become unaffordable.
The student financial aid program is far from perfect. It doesn't fit in with the modern world, where students are also part-time employees and sometimes even parents who need to take a semester off here and there to deal with other aspects of life. The answer to our financial aid problems, however, might come from Australia.