According to a story in today’s Sydney Sun-Herald, the National Union of Students is calling for an inquiry into the ‘economic impact of student debt’. Unfortunately for them, the human interest aspect of the story – one Joy Kyriacou (who by I am sure by complete coincidence has the same surname as former NUS President Daniel Kyriacou) – could not get her lines straight and revealed NUS’s campaign as the shameless rent-seeking that it is:

Ms Kyriacou, who graduated with a Bachelor of Education and Bachelor of Arts from the University of NSW in 2006, said the $16,000 student debt burden was stopping her from saving for other things, like her first overseas trip or a house deposit. (italics added)

Of course it was bad enough that we were being asked to to finance a special first home buyers grant for graduates. But now we are being asked to fund their overseas holidays as well. Even by the very low standards of arguments against HECS, this one is a shocker. Continue reading “Taxpayer-funded overseas holidays for graduates: the latest NUS anti-HECS argument” →