Obviously as a university student I am concerned. I don't have any problems with the government removing the 10% discount. A HECs loan is the best loan you will ever receive. I don't know why anyone would want to pay off the debt upfront.
As for the student start-up scholarship, it's honestly too much money. How much do you spend per semester on textbooks and other equipment? I bet it isn't 1k. Keep in mind the scholarship pays around 2k A YEAR. Besides labor are still willing to provide it, although we'll have to pay it back later on.
Now if you vote Tony in, he wants to cut the start up scholarship altogether and also give us fibre to the node. This will be a close election.
I just hope uni's don't start cutting more subjects. Already we're seeing universities such as Deakin looking into online learning as their main method of delivery. Are they charging students less for online lectures? Probably not. I've said it before and I'll say it again. Universities are essentially operating like big business corporations. University administrations are now taking into their own hands the right to decide what is, and what is not, useful research, and are in effect claiming the right to fire at will those who do not fit the requirements that they lay down. Cutting subjects, restructured degrees, online courses, etc.
I predict that it won't be long before many universities recognize the financial benefits of mass online courses, in many cases with their eyes tightly focused on fertile recruiting grounds such as India and China. Obviously, it takes far fewer faculty to run and maintain an online course than a conventional course, and there is virtually no limit to student enrolment.