Bruce Chapman (Australian economist)

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Professor

Bruce Chapman

AM
Alma materAustralian National University
Yale University
OccupationEconomics professor
University academic
EmployerAustralian National University
Research School of Economics
Known forFather/Architect of the HECS system
TitleProfessor
AwardsMember of the Order of Australia (AM)
Websitehttps://brucejchapman.com/

Bruce Chapman AM is an Australian economist and academic known for being the founder or architect of the HECS system.[1] HECS is the Higher Education Contribution Scheme loans system. He is currently a professor at the College of Business and Economics, Australian National University.[2] 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".[3] In 2017, Professor Chapman was appointed the inaugural Sir Roland Wilson Chair of Economics.[4]

Education[edit]

He was awarded a Bachelor of Economics at the Australian National University for his undergraduate degree.[5] He earned his PhD in Economics from Yale University.[5]

Career[edit]

In 1989, the Australian Federal Government led by Bob Hawke introduced the Higher Education Contributions Scheme (HECS),[6][7] 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.[5]

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.[8] 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.[9][10][11]

Since then he worked with governments on policies such as the Working Nation and the 2010 changes to Youth Allowance.[5] The Abbott Liberal Government came into power in 2013 and tried to introduced reforms into the higher education sector.[10] This included fee deregulation which Chapman has been gobsmacked that allows universities to raise fees in excess to the cost of teaching students.[10] 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.[12]

In 1993, Chapman was elected the Academy of the Social Sciences of Australia.[13]

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).[4]

Publications[14][edit]

  • “Reforming the German Student Loans System” (with Mathias Sinning) (forthcoming 2013), Education Economics.
  • “Revenue Forgone from Unpaid HECS When Graduates go Overseas to Work” (with Tim Higgins), (forthcoming 2013), Australian Economic Review.
  • “What’s love got to do with it? Homogenous preferences and dyadic approaches to understanding marital instability” (with Rebecca Kippen, Peng Yu and Kiatanantha Lounkaew, (forthcoming, 2013), Journal of Population Research).
  • “How many Jobs is 23,510, really?” (with Kiatanantha Lounkaew) (forthcoming, 2013), Australian Journal of Labour Economics.
  • “Introduction” (with Kiatanantha Lounkaew) (forthcoming, 2013), Economics of Education Review (Special Issue on Education Policy).
  • “Repayment burdens with Vietnamese student loan policy” (with Amy Liu) (forthcoming, 2013), Economics of Education Review (Special Issue on Education Policy).

References[edit]

  1. ^ "The Australian". www.theaustralian.com.au. Retrieved 2015-05-29.
  2. ^ "Professor Bruce Chapman - Researchers - ANU". researchers.anu.edu.au. Retrieved 2015-05-29.
  3. ^ "Order of Australia Honours Lists 1975-2012". www.gg.gov.au. Retrieved 2017-06-02.
  4. ^ a b "Dead duck or just resting: has economic liberalism run into a dead end?". srwfoundation.anu.edu.au. Retrieved 2017-06-02.
  5. ^ a b c d "Professor Bruce Chapman". www.assa.edu.au. Archived from the original on 2015-05-29. Retrieved 2015-05-29.
  6. ^ "Higher Education Funding Act 1988". Austlii.edu.au. 1 January 2005. Retrieved 2010-08-27.
  7. ^ Trounson, Andrew (2014-05-15). "HECS Architect Warns that Poorer Students Will be Hardest Hit". The Australian.
  8. ^ "Canberra Close Up: Professor Bruce Chapman - ABC Canberra - Australian Broadcasting Corporation". www.abc.net.au. Retrieved 2015-05-29.
  9. ^ Sewell, Lisa; AAP report (2001-10-24). "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.
  10. ^ a b c "Economist 'gobsmacked' by Australia's uncapping of fees". Retrieved 2015-05-29.
  11. ^ Christie, Joanne (2010-04-01). "Should we follow the kiwis on student loans?". Should we follow the kiwis on student loans?. The Independent.
  12. ^ "Uni fee hikes can be limited: HECS father". Retrieved 2015-05-29.
  13. ^ Engagement, Crawford; rsvp.crawford@anu.edu.au. "Bruce Chapman". Crawford School of Public Policy. Retrieved 2016-02-05.
  14. ^ Engagement, Crawford; rsvp.crawford@anu.edu.au. "Bruce Chapman". Crawford School of Public Policy. Retrieved 2016-02-05.

External links[edit]