Bruce Chapman (Australian economist)

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Bruce Chapman

AO
Born (1951-09-16) 16 September 1951 (age 70)
Canberra, Australia
Alma mater Australian National University
Yale University
OccupationEconomics professor
University academic
Employer 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 is currently 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, Professor 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 Professor Murray Wells (The Australian, 15 April 1987, page 15). Bruce Chapman further developed the policy with the support of the then Education Minister John Dawkins (see Dawkins Revolution). He was also an advisor to the Keating Government in 94–96. [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. [9] 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. [10] [11] [12]

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. [11] 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. [11] 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. [13]

In 1993, Chapman was elected the Academy of the Social Sciences of Australia. [14]

In 2017, Professor 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, Sir Roland Wilson (economist). [5]

Publications

[15]

Related Research Articles

Postgraduate education involves learning and studying for academic or professional degrees, academic or professional certificates, academic or professional diplomas, or other qualifications for which a first or bachelor's degree generally is required, and it is normally considered to be part of higher education. In North America, this level is typically referred to as graduate school.

Tertiary education fees in Australia

Tertiary education fees in Australia are payable for courses at tertiary education institutions. The Commonwealth government provides loans and subsidies to relieve the cost of tertiary education for some students. Some students are supported by the government and are required to pay only part of the cost of tuition, called the "student contribution", and the government pays the balance. Some government supported students can defer payment of their contribution as a HECS-HELP loan. Other domestic students are full fee-paying and do not receive direct government contribution to the cost of their education. Some domestic students in full fee courses can obtain a FEE-HELP loan from the Australian government up to a lifetime limit of $150,000 for medicine, dentistry and veterinary science programs and $104,440 for all other programs.

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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. ↑ "Canberra Close Up: Professor Bruce Chapman - ABC Canberra - Australian Broadcasting Corporation". www.abc.net.au. Retrieved 29 May 2015.
  10. ↑ 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.
  11. 1 2 3 "Economist 'gobsmacked' by Australia's uncapping of fees". 24 July 2014. Retrieved 29 May 2015.
  12. ↑ Christie, Joanne (1 April 2010). "Should we follow the kiwis on student loans?". The Independent. ProQuest   310030224.{{cite journal}}: Cite journal requires |journal= (help)
  13. ↑ "Uni fee hikes can be limited: HECS father" . Retrieved 29 May 2015.
  14. ↑ Engagement, Crawford; rsvp.crawford@anu.edu.au. "Bruce Chapman". Crawford School of Public Policy. Retrieved 5 February 2016.
  15. ↑ Engagement, Crawford; rsvp.crawford@anu.edu.au. "Bruce Chapman". Crawford School of Public Policy. Retrieved 5 February 2016.
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