After the 20% HECS debt cut, Jeremy warns of a dangerous push to scrap student contributions entirely.
The Cost of “Free” Education
On the July 29 Garage Edition of The Court of Public Opinion, Jeremy Cordeaux tackled the heated issue of university debt. Following the Albanese government’s announcement of a 20% HECS debt reduction, Cordeaux warned listeners about what could come next—a complete HECS cancellation movement gaining traction online and in politics.
Jeremy questioned: What’s the real cost of free education? He argued that while wiping student debt sounds attractive, the financial burden doesn’t disappear—it simply shifts to taxpayers.
“Universities aren’t free to run,” he said. “Someone always pays.”
Listen Below
Is a Degree Still Worth It?
Jeremy also delved into whether a university degree still holds value in today’s job market. With the rise of skilled trades and vocational work, many young Australians are racking up tens of thousands in debt for degrees that don’t lead to guaranteed employment.
“We need plumbers, not philosophers,” Jeremy quipped.
Cordeaux believes that blindly encouraging university as the only path to success fuels unsustainable debt and devalues practical skills.
Populist Politics or Policy Reform?
The growing popularity of HECS forgiveness campaigns, especially on social media, is fuelling what Jeremy calls a dangerous populist push. While some argue for fairness and access, others see it as a political bribe aimed at Gen Z voters.
“This is emotional politics disguised as economic reform,” he said.
He warned that policy made to win elections rather than improve systems is a recipe for long-term disaster.
Choice Comes With Responsibility
Cordeaux’s final message was clear: every choice has a consequence. Students who sign up for a university education must take responsibility for their decision. Scrapping HECS entirely undermines the concept of personal accountability.
“If you benefit from a degree, why shouldn’t you contribute to its cost?” Jeremy asked.
The HECS debate is far from over—but Cordeaux’s take reminds us that there’s more at stake than a simple zero balance.
