National’s going to cut access to the student allowance – which most self-supporting students can’t get and isn’t enough to live on – and up the repayment rate on student loans, which is basically a hike on your graduate tax.
These measures won’t save much themselves. But they’ll make higher education unaffordable for many from poorer families. Fewer people will get qualifications. That’s how they’ll save costs: by blocking higher education for the poor, leading to a less skilled population.
Loving this brighter future.