Higher education fees: ‘Study now pay later model not the answer’

“Study now, pay later” models for higher education fees would lead to an “astronomical increase” in costs for students, the president of the Union of Students in Ireland (USI) has said.

“Look at any country that has introduced such a model,” USI president Kevin Donoghue said.

“In the US there’s $1.2tn [€1tn] of student debt. In Australia, a loan is between $40,000 and $80,000 [€25,800 and €51,600] for a three-year degree.”