delete AUSTUDY Regulations (Amendment)
Amends the AUSTUDY Regulations governing a government-administered student financial assistance scheme, likely modifying eligibility, payment rates, or compliance requirements.
Government student subsidies distort educational choices, create moral hazard, and impose bureaucratic costs. Education financing should be left to private markets—loans, scholarships, and work—where price signals ensure efficient allocation. Unseen costs include misallocation to low-value courses and a dependency culture.