In the US and Aus­tralia, two very dif­ferent higher edu­ca­tion reform ini­tia­tives are playing out in two very dif­ferent ways. In the US, Pres­i­dent Barack Obama recently expanded a pro­gramme that enables bor­rowers to cap their fed­eral stu­dent loan repay­ments at 10 per cent of their monthly income.

By con­trast, Australia’s prime min­ister, Tony Abbott, is proposing to remove caps on tuition fees. What’s more, he wants to raise interest rates on stu­dent loans and lower the income threshold at which grad­u­ates are required to begin repayment.

But strik­ingly, nei­ther plan takes advan­tage of the remark­able par­a­digm shift under way in higher edu­ca­tion today. New teaching and learning inno­va­tions offer the pos­si­bility to help resolve the great chal­lenges facing higher edu­ca­tion, including the pressing chal­lenge of cost.

Read the article at Times Higher Education →