A new Discussion Paper by The Australia Institute concludes it’s time for a major shake-up in the way they are run.
Australian universities are overseen by Vice-Chancellors who are paid vast sums of money, yet they are presiding over a sector which is failing staff, students and the broader community.
For example, degrees in areas like Law, Society and Culture are 700% more expensive than they were in 1990 (the year after the HECS/HELP scheme was introduced), while staff-to-student ratios have gone from 1-to13 in 1990 to more than 1-to-22 today.
Professor John Quiggin, Professor of Economics at the University of Queensland, suggests seven key reforms: