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Got me beat what the big deal is with HECS debt in general. found the following in several places… “the average HECS debt of $26,494”. SFA. “The average Australian household owes $250,000″, which is generally across one or two adults, so maybe $160,000 per adult. Still SFA!
Meanwhile, to start buying a house in Sydney every ‘household” has to beg for A MILLION and more at some financial institution.
Albo’s thinking “I’m worth millions nett and find all these F’wit students PATHETIC LOSERS. Where’s my free tickets to the Tennis…and to the Paris Olympics…. ya wankers”
Nothing to beat buying votes with taxpayers money, after all.
Where is this magic pudding money coming from?
Fossil fuel taxes?
Robbing Peter to pay Paul.
Have never gone along with taxpayers funding tertiary education.
They really are stealing ideas off a senile old git or equally failed Gough policies aren’t they?
If he caves into whinging millennials who have done micky mouse degrees and sometimes double degrees in similar disciplines that have about as much use as toilet paper then can I have my HECS back? As for the money of the day I paid in terms of what this generation paid. All as well from crappy grad wages, tax return money and in 5 years too.
FFS how bout limit what they can rack up like an undergrad degree before they are on their own. I remember one of the turn offs of doing post grad was stumping up tuition fees unless you were brilliant getting a scholarship and why most keen on that went out to work for a bit. How can someone rack up $75k unless they failed multiple times and jumped degrees 3 or 4 times.
Another idea, go through the syllabus and cut HECS for these same micky mouse degrees. You want to study BS like gender studies then its on your own dime.
FFS I’ve had enough of the poor me uni student stories Newscorpse are churning out at the moment, most who studied have been there. You are not unique.
End rant!
Excellent question and a fair demand.
Australia, the lucky country!
Bidenomics.
‘Nuff said!
No, I’ll add to that if you don’t mind Lee. Anyone who can look at Bidenomics from afar and make a considered judgement that they are worthwhile policies, is a moron of the ocean-going class.
Albo’s inflationary budget has already granted some degree of debt relief.
Hasn’t helped anyone who had savings in the bank.
Remove funding for the research too.
Agree, don’t loan money for worthless degrees. Make a list.
Also, debt forgiveness is a very bad political policy. It’s tantamount to buying votes. Make a debt, you own a debt.
lol, Jupes.
I’m STILL trying to understand what the actual WHINGE is about….
Someone borrows to buy a degree. This degree…or degrees…costs on average $27,000, in the same way anyone else might borrow $27,000 for a car or some flash overseas trip. This amount is Sweet F’ck All (sorry if earlier “SFA” confused CL readers), being far far less than the average debt carried by EVERY average Australian.
Why is a student debt any different to any other F’ing debt? My splurge of $27,000 (or $64,000 like the dummy linked) on dud shares, or a business that failed, or property in whoop whoop does not get wiped by govt.
Geez. Who cares why some F’wit borrows. They pay it back….or not….. and shut up. Another non-story!
BTW: Does Albo write off tenant debts in HIS investment properties?