By now, most of you have heard the news that the cost of a full-time education in Australia is now at a record high.
That’s the result of a combination of factors, including the introduction of the new student grant, which has raised tuition fees to an unprecedented level.
What are the major factors?
Firstly, there’s the cost.
Tuition fees have risen from $30,000 in 2016 to $60,000 this year.
If you were to calculate the annual cost of your university education, you’d need to pay around $10,000.
So that’s a significant increase in the cost over the past few years.
But that’s only if you’re spending the money on your education.
It also depends on what you want to do with your degree.
In Australia, it’s not uncommon for graduates to want to take a vocational or professional training course in their chosen field.
And there’s a large pool of students from different parts of the country who can choose to study in a particular field.