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Even if you don’t gain employment you pay I reckon. The gov comes after your HECS debt from your estate if you die before paying it off.
That's the new system, HELP. (Higher Education Loan Program)
- Universities aren’t the state
the way to go is do a bunch of degrees, never earn above the threshhold, never have any kids then develop a terminal disease, take out a bunch of loans and buy a fancy car and go on holiday, then die.
Just an old campaigner... some of the king hits are brutal.2dirty4u
As someone coming from column B in your comparison I’m just glad HECS existed because without it no Uni for meWhat i find unfair about HECS is that if you can afford to pay up front fees (thanks Mummy and Daddy) then you get a 25% discount. But if you are born to the poor folk you get to pay 100% plus interest.
So when 2 people, one whose parents have paid up front and one who has a HECS debt enter the workforce, they are not starting from the same place and most possibly will not end up at the same place.
The moral is: choose better parents next time.
or you should have been born a bit earlier and it would have all been free and usually with a guarantee of work at completion.As someone coming from column B in your comparison I’m just glad HECS existed because without it no Uni for me