The average loan repaid by Australian university graduates is A $200, 000 / 30, 000. (Australian Broadcasting Corporation Photo)
This month, thousands of Australian students will throw their headgear into the air. After that, there will be thousands of Australian dollars in student loans waiting to be repaid by many of them.
At present, government (Malcolm Turnbull) is considering lowering the loan repayment threshold for college graduates to more than A $10, 000, which means that people earning more than 45,000 a year will have to make mandatory payments.
Currently, college graduates have repaid an average of A $200 million and 30, 000 Australian dollars, while law and medicine majors face higher debt.
Someone asked, "is it worth it?"
Is it worth going to college?
(Good Education Group), an independent education and vocational information service, said there were a number of ways to determine whether a degree would pay off.
"many students think about the employment rate and median starting salary of graduates, which is the primary reason why they choose to go to college," he said. "the latest available data shows that the average employment rate for Australian graduates is about 70 percent, which involves all universities," said White (Ross White), the agency`s head of data analysis.
"when it comes to starting pay, it ranges from A $50000 for (RMIT) graduates from Royal Melbourne Polytechnic to A $61000 for (University of Southern Queensland) graduates from the University of South Queensland. The national average starting salary is A $56000.
Among them, the top five majors with the highest median starting salary are:
The five professions with the lowest median starting salary include:
But White added that in the long run, it would be difficult to determine whether a college degree was worth it, depending on the job market data.
Who can break the "ceiling" of the workplace?
However, Hayes (Wanda Hayes), president of the Australian career Development Association (Career Development Association of Australia), says that college graduates can enjoy obvious benefits. "in fact, many college students have entered entry-level jobs after graduation," said Hess (Wanda Hayes), president of the Australian career Development Association. (income) not necessarily higher than those who do not have a degree. But we know that after joining an institution, if you have a degree, you may break the "ceiling"; if you do not have a degree, you will find it difficult to break the "ceiling". "
Hayes also said that in the careers of degree holders, the unemployment rate is generally lower and the underemployment rate is lower, which means more money. "
