HIGHER EDUCATION BUBBLE UPDATE: Learning from Australia? “In Australia, students each know in advance how much money is in their student-loan “account” so to speak. They know that when the money runs out, government support is over (unless the student is moving on to professional school, for example, in which case supplemental funds are made available). This means that the student has the incentive to make good decisions, stick with the program, and complete their studies in a timely manner. In other words, there is no such thing as a stipend runner who simply stays in the system for as long as possible to keep collecting student-aid rebates and avoid entering the repayment period.” This also encourages schools not to jack up the price.