Professional Documents
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Assignment
[Name of Writer]
[Name of Institution]
[Date]
2(d) what changes to government involvement in this market have been proposed by the
Commonwealth Government in its budget for 2014/15?
Ans: The Australian Government has made information public for students such as domestic and
international ones. The government is keen to introduce a number of changes in education policy
to improve education at the highest level. The amendments shall open more choice for all the
concerned stakeholders and will allow them to pursue education at any place and at any institute.
The exercise of giving more power and practicing creativity and innovation by the given
institutions will provide better support to help students acquire skills for both the global and local
labor markets.
The following changes that will most likely have an impact on the concerned stakeholders such
as students
1. Changes to student contribution amounts and the subsidy provided by the government
2. Support for searching more different degrees ranging from associate to post-graduate
programs.
3. Support for the all concerned stakeholder i.e. Student from the all the institutions.
4. The reforms that will affect the repayment of HELP loans.
The most crucial part of all this reform is to measure how much all students will be affected by
the current changes. The changes made in the market made by government is the under
Commonwealth Scheme for students fees will be lowered by 20% to provide sustainable practice
of higher education. The Commonwealth government of Australia is keen to ensure there is
affordable and robust higher education system in place. The process means to re-balance the
amount of costs paid by the state and the students. The given method will lead to more benefits
and rewards that students will get from the higher education in the form of higher salary
employment chances and more job opportunities accessibility. The students have the space to
make a delayed payment of their tuition fee through HELP. The students who have enrolled in
certain program have given consent to Commonwealth Supported place on and before 13 May
2014.The given enrolled students will be charged the same amount due to the given scenario
until the 2020.
studyassist.gov.au, (2014). Budget 2014 - Student Overview - Study Assist. [online] Available
at:
http://studyassist.gov.au/sites/studyassist/helpfulresources/pages/studentoverview_
budget2014 [Accessed 4 Sep. 2014].