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Here in Australia, liberal arts majors are subsidized less than STEM majors. We also have a largely subsidized public university system in general - we have jus
by JamesPeterson 15y ago
Here in Australia, liberal arts majors are subsidized less than STEM majors. We also have a largely subsidized public university system in general - we have just one private university (but many private colleges).
As an example of what this means, the University of Queensland located down the road from me is often ranked in the top 50 worldwide.
Science courses at UQ are about half the cost of liberal arts majors.
I can study there and place tuition on what's essentially an interest-free (plus inflation) government loan that I only have to begin paying back (at 4-8% of my gross salary, depending on earnings) when/if my salary goes above ~$47,000.
- jlangenauer 15y agoWhen did that happen? When I did my degree (mechanical engineering at UQ, as it happens) there were 3 HECS bands - liberal arts was the cheapest, engineering/science/business was the middle band, and law/medicine was the highest. I understood that the difference in bands was due to the difference in earning potential of the graduates.
- JamesPeterson 15y agoOh wow! I've just looked - and you are correct. This has blown me away. That said, I swear I've read (somewhere) that arts courses are subsidized less. I wonder if that simply means arts courses are substantially cheaper to run? Thanks for picking that up for me.