delete AUSTUDY Regulations (Amendment)
Government loan and subsidy program providing financial assistance to higher education students to improve access to tertiary education and reduce upfront costs.
Distorts education market pricing, enabling and encouraging misallocation of talent toward less valuable fields; creates moral hazard by shielding students from true costs; imposes massive bureaucratic overhead and compliance burden; crowds out private financing solutions like income-share agreements and scholarships; contributes to credential inflation and rising tuition; and represents an unjust taking of property rights via taxation to fund individual choices that should be privately financed based on expected returns.