University funding

While university managements are boasting huge surpluses, they are refusing to make their largely casualised staff permanent and award them pay rises. Binoy Kampmark reports.

Neoliberal ideology has reduced tertiary education to a commodity. Students have become “customers” and academics and lecturers are now “service providers”, writes Markela Panegyres.

The federal Minister for Education and Training Simon Birmingham will release a report on May 8 commissioned by the government that will allegedly indicate that universities receive adequate funding for most courses and that their revenues are growing faster than their costs.

This report will be used to justify a proposed $2.8 billion funding cut that will raise the costs of course fees and mean that students will need to repay their HECS debts sooner.

Federal Minister for Education and Training Simon Birmingham has outraged students with his announcement of cuts affecting higher education that will come in the federal budget on May 9. Speculation is rife about the impact the cuts could have on students.

The cuts revolve around a 7.5% increase in university fees. But the reality of the fee hike could be much worse.

In conjunction with the budget’s $2.8 billion in cuts to university funding, universities could be forced to raise student fees by a minimum of 25%.