The degree or the house
QUEENSLAND now has a university degree that will cost a full-fee-paying student a staggering $230,000.
Nine others will cost full-fee Australian students more than $100,000.
This compares with the average home mortgage in Australia of $220,000.
The 2007 Good Universities Guide, available today, says a fully paid place in medicine at Bond will cost $233,100 from next year. Full-fee medical places at Griffith University will cost $160,000, dental science at the University of Queensland will cost $152,261, and veterinary science $129,718.
Bond University emerged as a surprise star performer in the guide, being the only university out of 39 in Australia to receive five stars in six of the most important categories surveyed, including graduate starting salaries, getting a job, teaching quality and overall satisfaction.
Bond vice-chancellor Professor Rob Stable said the $233,100 medical degree was good value because it was 4½ years long, compared with seven years in other institutions.
"This saves up to $20,000 a year in living costs for students, and they are working that much sooner," Professor Stable said. "Families see it as a good investment."
Professor Stable said Bond University admitted 84 students to its undergraduate medical degree this year out of 350 applicants.
Only 3 per cent of the students are from overseas, far below the 10 per cent average of other medical schools.
"We are very conscious of the shortage of doctors in this country," Professor Stable said.
Under the Federal Government's rules, medical students can access up to $100,000 in student loans.
While Bond is a private university, Opposition education spokeswoman Jenny Macklin said Labor would put an end to full-fee places for Australian undergraduates at public universities.
"No ordinary 18-year-old or their family can pay anything like these sums for a degree," she said. "John Howard misled Australians when he promised in 1999 there would be no $100,000 degrees."
Like many students in the Bond medical course, Lucas Wheatley, 23, of Broadbeach, is funding his degree with help from his parents, a student loan, personal loan and a part-time job.
Mr Wheatley said few students were worried about paying back their debts when they started work on about $50,000 a year.
"Everyone is more concerned about passing the course," he said. "Everyone has made sacrifices to join the course, but it's worth it."
Source: http://www.news.com.au/couriermail/story/0,23739,20144177-3102,00.html
Nine others will cost full-fee Australian students more than $100,000.
This compares with the average home mortgage in Australia of $220,000.
The 2007 Good Universities Guide, available today, says a fully paid place in medicine at Bond will cost $233,100 from next year. Full-fee medical places at Griffith University will cost $160,000, dental science at the University of Queensland will cost $152,261, and veterinary science $129,718.
Bond University emerged as a surprise star performer in the guide, being the only university out of 39 in Australia to receive five stars in six of the most important categories surveyed, including graduate starting salaries, getting a job, teaching quality and overall satisfaction.
Bond vice-chancellor Professor Rob Stable said the $233,100 medical degree was good value because it was 4½ years long, compared with seven years in other institutions.
"This saves up to $20,000 a year in living costs for students, and they are working that much sooner," Professor Stable said. "Families see it as a good investment."
Professor Stable said Bond University admitted 84 students to its undergraduate medical degree this year out of 350 applicants.
Only 3 per cent of the students are from overseas, far below the 10 per cent average of other medical schools.
"We are very conscious of the shortage of doctors in this country," Professor Stable said.
Under the Federal Government's rules, medical students can access up to $100,000 in student loans.
While Bond is a private university, Opposition education spokeswoman Jenny Macklin said Labor would put an end to full-fee places for Australian undergraduates at public universities.
"No ordinary 18-year-old or their family can pay anything like these sums for a degree," she said. "John Howard misled Australians when he promised in 1999 there would be no $100,000 degrees."
Like many students in the Bond medical course, Lucas Wheatley, 23, of Broadbeach, is funding his degree with help from his parents, a student loan, personal loan and a part-time job.
Mr Wheatley said few students were worried about paying back their debts when they started work on about $50,000 a year.
"Everyone is more concerned about passing the course," he said. "Everyone has made sacrifices to join the course, but it's worth it."
Source: http://www.news.com.au/couriermail/story/0,23739,20144177-3102,00.html
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