Higher Education Funding - Marvel Education

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Practice Reading: Fill in the Blanks (Dropdown) ID: #31544 July Prediction Higher Education Funding

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Financing of Australian higher education has undergone dramatic change since the early 1970s. Although the Australian Government provided regular funding for universities from the late 1950s, in 1974, it full responsibility for funding higher education – tuition fees to make the university to all Australians who had the and who wished to participate in higher education. Since the late 1980s, there has been a move towards greater private contributions, student fees. In 1989, the Australian Government introduced the Higher Education Contribution Scheme (HECS), which included a loans scheme to help students finance their contributions. This enabled university to remain accessible to students by delaying their payments until they could afford to pay off their loans. In 2002, the Australian Government a scheme similar to HECS for postgraduate students - the Postgraduate Education Loan Scheme (PELS). Funding for higher education comes from various sources. This article examines the three main sources - Australian Government funding, student fees and charges, and HECS. While the proportion of total raised through HECS is relatively small, HECS payments are a significant component of students' university costs, with many students carrying a HECS debt for several years after leaving university. This article also focuses on the characteristics of university students based on their HECS liability status, and the level of accumulated HECS debt.

Result:

A.I. Explanation:

Correct answer: assumed
Explanation: The word 'assumed' fits grammatically as it indicates taking on responsibility, which aligns with the context of the sentence discussing the government's role in funding education. It is in the past tense, matching the timeline of the events described.
Meaning: 'Assumed' means to take on or accept a responsibility or duty.
Wrong options:
affirmed: 'Affirmed' means to confirm or validate something, which does not convey the idea of taking responsibility.
allured: 'Allured' means to attract or entice, which is unrelated to the context of funding responsibilities.
attacked: 'Attacked' means to confront or criticize, which does not fit the context of assuming responsibility for funding.
Correct answer: abolishing
Explanation: The word 'abolishing' is appropriate as it indicates the act of formally ending tuition fees, which is the intended meaning in the context of making education accessible. It is a gerund that fits the grammatical structure following 'responsibility for funding higher education.'
Meaning: 'Abolishing' means to formally put an end to a system, practice, or institution.
Wrong options:
polishing: 'Polishing' means to make something shiny or improve it, which does not relate to the context of tuition fees.
astonishing: 'Astonishing' means surprising or amazing, which does not fit the context of funding education.
ravishing: 'Ravishing' means delightful or enchanting, which is irrelevant to the context of tuition fees.
Correct answer: accessible
Explanation: The word 'accessible' is grammatically correct as it describes the state of being able to be reached or entered, which aligns with the context of making higher education available to all Australians.
Meaning: 'Accessible' means easy to approach or reach, particularly in terms of availability.
Wrong options:
excessed: 'Excessed' is not a standard English word and does not convey a clear meaning in this context.
accessed: 'Accessed' is a verb that means to obtain or make use of, which does not fit the context of describing education's availability.
recessible: 'Recessible' means capable of being recessed or withdrawn, which does not apply to the context of education accessibility.
Correct answer: ability
Explanation: The word 'ability' fits grammatically as it refers to the capacity or skill to do something, which is relevant in the context of participating in higher education.
Meaning: 'Ability' means the power or skill to do something.
Wrong options:
credit: 'Credit' refers to the acknowledgment of a person's contribution or a financial term, which does not fit the context of participation in education.
added: 'Added' is the past participle of 'add,' which does not convey the necessary meaning of capacity in this context.
steaded: 'Steaded' is not a standard English word and does not convey a clear meaning in this context.
Correct answer: particularly
Explanation: The word 'particularly' is appropriate as it emphasizes the specific aspect of student fees in the context of private contributions to education funding.
Meaning: 'Particularly' means especially or specifically.
Wrong options:
ridiculously: 'Ridiculously' means in a manner that is absurd or unreasonable, which does not fit the context of discussing contributions.
sustainability: 'Sustainability' refers to the ability to be maintained at a certain rate or level, which does not directly relate to the context of student fees.
accessibility: 'Accessibility' refers to the quality of being able to be reached or entered, which does not fit the context of describing the nature of contributions.
Correct answer: introduced
Explanation: The word 'introduced' fits grammatically as it indicates the act of bringing something into use for the first time, which aligns with the context of the government implementing a new scheme.
Meaning: 'Introduced' means to bring something into use or operation for the first time.
Wrong options:
reduced: 'Reduced' means to make smaller or less in amount, which does not fit the context of implementing a new scheme.
affused: 'Affused' is not a standard English word and does not convey a clear meaning in this context.
refused: 'Refused' means to indicate that one is not willing to do something, which is contrary to the context of introducing a new scheme.
Correct answer: revenue
Explanation: The word 'revenue' is appropriate as it refers to the income generated from various sources, which fits the context of discussing funding for higher education.
Meaning: 'Revenue' means the income generated from normal business operations.
Wrong options:
money: 'Money' is a general term for currency and does not specifically convey the structured concept of income in this context.
losses: 'Losses' refer to the amount lost or the negative balance, which is contrary to the context of raising funds.
funds: 'Funds' is a general term for money available for a specific purpose, but 'revenue' is more precise in the context of income generation.

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