Bruce Chapman (Australian economist)

Last updated

Bruce Chapman
AO
Born (1951-09-16) 16 September 1951 (age 72)
Canberra, Australia
Alma mater Australian National University
Yale University
Occupation(s)Economics professor
University academic
Employer(s) Australian National University
Research School of Economics
Known forFather/architect of the HECS system
AwardsOfficer of the Order of Australia (AO)
Website https://brucejchapman.com/

Bruce James Chapman AO (born 16 September 1951) [1] is an Australian economist and academic known for being the founder or architect of the HECS system. [2] HECS is the Higher Education Contribution Scheme loans system. He was a professor at the College of Business and Economics, Australian National University. [3] In 2001, he became a Member of the Order of Australia (AM), "for service to the development of Australian economic, labour market and social policy". [4] In 2017, Chapman was appointed the inaugural Sir Roland Wilson Chair of Economics. [5]

Contents

Education

He was awarded a Bachelor of Economics at the Australian National University for his undergraduate degree. [6] He earned his PhD in Economics from Yale University. [6]

Career

In 1989, the Australian Federal Government led by Bob Hawke introduced the Higher Education Contributions Scheme (HECS), [7] [8] which was first intimated by Murray Wells. [9] Chapman further developed the policy with the support of the Education Minister John Dawkins as part of the Dawkins Revolution. He was also an advisor to the Keating government in 1994–96. [6]

In the original HECS, an $1,800 fee was charged to all university students, and the Commonwealth Government footed the bill. It was a first of its kind loan scheme that used the tax system to collect repayments. [10] The scheme has influenced other countries like the United Kingdom, Ghana, New Zealand and Hungary to introduce their own model of a higher education contribution scheme. [11] [12] [13]

Since then he worked with governments on policies such as the Working Nation and the 2010 changes to Youth Allowance. [6] The Abbott Liberal government came into power in 2013 and tried to introduced reforms into the higher education sector. [12] This included fee deregulation which Chapman has expressed concerns about as it allows universities to raise fees in excess to the cost of teaching students. [12] If the federal government does decide to uncap fees, he proposes a mechanism of capping of fee increases whereby the government subsidies tapers off when fee increases breaches a certain level. [14]

In 1993, Chapman was elected the Academy of the Social Sciences of Australia. [15]

In 2017, Chapman was appointed the inaugural Sir Roland Wilson Chair of Economics; a foundation established in 1998 in the name of one of Australia's most prominent economist and public servants, Roland Wilson. [5]

Publications

Related Research Articles

<span class="mw-page-title-main">Tertiary education fees in Australia</span> Fees charged to students who attend Australian tertiary education institutions

Tertiary education fees in Australia are payable for courses at tertiary education institutions. Responsibility for fees in vocational education and training (VET) rests primarily with the state and territory governments, while fees policy in higher education is largely controlled by the Commonwealth Government.

<span class="mw-page-title-main">Australian National University</span> National research university in Canberra, Australian Capital Territory

The Australian National University (ANU) is a public research university and member of the Group of Eight, located in Canberra, the capital of Australia. Its main campus in Acton encompasses seven teaching and research colleges, in addition to several national academies and institutes.

<span class="mw-page-title-main">University of Canberra</span> University in Canberra, Australia

The University of Canberra (UC) is a public research university with its main campus located in Bruce, Canberra, Australian Capital Territory. The campus is within walking distance of Belconnen Town Centre, and 8.7 km (5.4 mi) from Canberra's Civic Centre. UC offers undergraduate and postgraduate courses covering five faculties: Health, Art and Design, Business, Government and Law, Education, and Science and Technology.

<span class="mw-page-title-main">Student loan</span> Type of loan for educational expenses

A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. This article highlights the differences of the student loan system in several major countries.

<span class="mw-page-title-main">National Union of Students (Australia)</span>

The National Union of Students (NUS) is the peak representative body for Australian higher education students. As of 2020, there are 21 student unions in Australian campuses affiliated to NUS. A student union is eligible for membership by its classification as a legitimate student representative body at any Australian post-secondary training provider and the payment of Union fees by the union according to the number of full-time study units of its students.

<span class="mw-page-title-main">National Tertiary Education Union</span> Australian trade union for higher education and university employees

The National Tertiary Education Union (NTEU) is an Australian trade union for all higher education and university employees. It is an industry union, and the only union working exclusively in the Australian university sector.

The Dawkins Revolution was a series of Australian higher education reforms instituted by the then Labor Education Minister (1987–91) John Dawkins. The reforms merged higher education providers, granted university status to a variety of institutions, instituted a system for income contingent loans to finance student fees, required a range of new performance monitoring techniques and methods, and revamped the relationship between universities and the Commonwealth Government. The reforms transitioned Australia's higher education system into a mass system which could produce more university educated workers, but have remained controversial due to their impacts on the incentives facing universities, bureaucracies and academics.

Andrew Norton is an Australian author and researcher. He was a Research Fellow at the Centre for Independent Studies, and Policy and Government Relations Adviser at the University of Melbourne. He is former director of the CIS's Liberalising Learning research programme and editor of its journal Policy. Norton was the Program Director of Higher Education at the Grattan Institute from 2011 to 2019.

<span class="mw-page-title-main">Tertiary education in Australia</span>

Tertiary education in Australia is formal education beyond high school in Australia, consisting of both government and private institutions and divided into two sectors; Higher Education and Vocational Education and Training (VET) provided by government-owned TAFEs & private Registered Training Organisations (RTO). Australian Qualifications Framework (AQF), the Australian national education policy, classifies tertiary qualification into 10 levels: level 1 to 4 vocational certificates ; level 5 & 6 undergraduate diploma and advanced diploma; level 6 associate degree; level 7 bachelor degree, level 8 bachelor honours degree & graduate certificates and graduate diplomas; level 9 for master's degree; and level 10 PhD. Most universities are government owned and mostly self-regulated. For other institutes there are two national regulators for tertiary education for registration, recognition and quality assurance of both the "provider institutes" as well as the "individual courses" provided by the providers. Tertiary Education Quality and Standards Agency (TEQSA) regulates institutes which provide education from level 5 or above. Australian Skills Quality Authority (ASQA) regulates institutes which provide education from level 1 to level 6.

<span class="mw-page-title-main">Hawke–Keating government</span>

The Hawke–Keating government is an all-encompassing term to describe the duration of the Hawke government and the Keating government, which together spanned from 11 March 1983 to 11 March 1996. Both governments were formed by the Australian Labor Party, and were led from 1983 to 1991 by Bob Hawke as Prime Minister, and from 1991 to 1996 by Paul Keating as Prime Minister, with Keating serving as Treasurer throughout the Hawke government. During the Hawke–Keating government, the Labor Party won five successive federal elections, its most electorally successful period to date; the 13-year uninterrupted period of government also remains the Labor Party's longest spell in power at the federal level.

<span class="mw-page-title-main">Crawford School of Public Policy</span> School of Australian National University, Canberra

Crawford School of Public Policy is a research-intensive policy school within the ANU College of Asia and the Pacific at The Australian National University which focuses on Australia and the Asia-Pacific region. The school was named after Sir John Crawford, and its current director is Professor Helen Sullivan.

Income-contingent repayment is an arrangement for the repayment of a loan where the regular amount to be paid by the borrower depends on his or her income. This type of repayment arrangement is mostly used for student loans, where the ability of the new graduate borrower to repay is usually limited by his or her income.

The Indonesia Project is a center of research and graduate training on the Indonesian economy at the Australian National University (ANU). It is located in the Arndt-Corden Department of Economics, Crawford School of Public Policy, part of the ANU College of Asia and the Pacific in Canberra. It was established in 1965 with an initial grant from the Ford Foundation.

Ken Baldwin is professor of physics at the Australian National University (ANU). He is the deputy director of the Research School of Physics and the director of the [http://energy.anu.edu.au/ ANU Energy Change Institute].

Frank Jotzo is a professor of environmental economics and climate change economics at the Australian National University's Crawford School of Public Policy where he leads the Centre for Climate and Energy Policy. He is the Head of Energy at the ANU Institute for Climate, Energy & Disaster Solutions and the Director for the ANU Zero Carbon Energy for Asia-Pacific Grand Challenge initiative. His research focuses on policy relevant aspects of climate change, energy transition, and broader issues of environment, development and economic reform.

Kim Rubenstein is an Australian legal scholar, lawyer and political candidate. She is a professor at the University of Canberra.

<span class="mw-page-title-main">Sholeh Maani</span> New Zealand economics academic

Sholeh Maani is a New Zealand economics academic. She is a full professor at the University of Auckland.

<span class="mw-page-title-main">Emily Banks</span> Epidemiologist and public health researcher

Emily Banks is an Australian epidemiologist and public health physician, working mainly on chronic disease. She is a Professor of Epidemiology and Public Health and Head of the Centre for Public Health Data and Policy at the Australian National University, and a visiting professor at the University of Oxford.

<span class="mw-page-title-main">Budy P Resosudarmo</span> Economist (Australian National University)

Budy P. Resosudarmo is a professor in development and environmental economics at the Arndt-Corden Department of Economics, Crawford School of Public Policy, at the Australian National University (ANU). He is the head of the ANU Indonesia Project. He was the education director of the Crawford School for the 2021-2022 period and the deputy director of the ANU Poverty and Inequality Research Centre for the 2019-2023 period. Since 2022, he has been a Fellow of the Regional Science Association International.

Glenn Alexander Withers is an Australian economist, policy adviser, and academic. He is an Honorary Distinguished Professor of Economics at the Australian National University and Visiting Professorial Fellow at University of New South Wales Canberra.

References

  1. ↑ Who's Who in Australia (2019), ConnectWeb.
  2. ↑ "The Australian". www.theaustralian.com.au. Retrieved 29 May 2015.
  3. ↑ "Professor Bruce Chapman - Researchers - ANU". researchers.anu.edu.au. Retrieved 29 May 2015.
  4. ↑ "Order of Australia Honours Lists 1975-2012". www.gg.gov.au. Retrieved 2 June 2017.
  5. 1 2 "Dead duck or just resting: has economic liberalism run into a dead end?". srwfoundation.anu.edu.au. Archived from the original on 15 March 2018. Retrieved 2 June 2017.
  6. 1 2 3 4 "Professor Bruce Chapman". www.assa.edu.au. Archived from the original on 29 May 2015. Retrieved 29 May 2015.
  7. ↑ "Higher Education Funding Act 1988". Austlii.edu.au. 1 January 2005. Retrieved 27 August 2010.
  8. ↑ Trounson, Andrew (15 May 2014). "HECS Architect Warns that Poorer Students Will be Hardest Hit". The Australian. ProQuest   1524207153.
  9. ↑ The Australian, 15 April 1987, page 15
  10. ↑ "Canberra Close Up: Professor Bruce Chapman - ABC Canberra - Australian Broadcasting Corporation". www.abc.net.au. Retrieved 29 May 2015.
  11. ↑ Sewell, Lisa; AAP report (24 October 2001). "HECS is the answer private sector can access tax system too, says bruce chapman the architect of the higher education contribution scheme (HECS), professor bruce chapman, has called for an extension of the system". Illawarra Mercury. ProQuest   364578088.
  12. 1 2 3 "Economist 'gobsmacked' by Australia's uncapping of fees". 24 July 2014. Retrieved 29 May 2015.
  13. ↑ Christie, Joanne (1 April 2010). "Should we follow the kiwis on student loans?" (Document). The Independent. ProQuest   310030224.
  14. ↑ "Uni fee hikes can be limited: HECS father" . Retrieved 29 May 2015.
  15. ↑ Engagement, Crawford; rsvp.crawford@anu.edu.au. "Bruce Chapman". Crawford School of Public Policy. Retrieved 5 February 2016.
  16. ↑ Engagement, Crawford; rsvp.crawford@anu.edu.au. "Bruce Chapman". Crawford School of Public Policy. Retrieved 5 February 2016.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.