Birdwatch Note Rating
2024-06-06 20:46:41 UTC - NOT_HELPFUL
Rated by Participant: 15A4A6CAB115E70169FAF8815D7689AA59270747B25534707F5254756253BD06
Participant Details
Original Note:
Every tax dollar spent on education yields a R.O.I of 4to1 The 3 billion being "wiped" is Unrealised interest from students that is being rolled back to be inline with the wage price index so indexation doesnt exceed wage growth. There is no cost to "other peoples money" https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://universitiesaustralia.edu.au/wp-content/uploads/2022/04/Report-The-importance-of-universities-to-Australias-prosperity.pdf&ved=2ahUKEwjV9-OmmsKGAxX8S2cHHeVzDxsQFnoECA8QBg&usg=AOvVaw1sYk01UmXH7h8rj91osADv https://www.pm.gov.au/media/why-3-billion-hecs-wipe-will-make-real-difference#:~:text=Next%20week's%20Budget%20will%20wipe,a%20cut%20of%20about%20%241800. https://www.google.com/amp/s/amp.theguardian.com/australia-news/article/2024/may/05/labor-to-wipe-3bn-from-hecs-and-help-debts-through-indexation-changes
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