#hecs debt

[slog-the-book]

australian university students are so cooked. wdym we have to be paying more than 10% internet rate for our HECS 😭 can somebody kill off our fat red politicians already 😭😭

[just-an-aussie-fandom-hermit]

Attention, Australian university students!

A petition has been launched by Dr Monique Ryan (Member for Kooyong) for Jason Clare (Minster for education) to fix HECS debt, making it easier to pay off existing debt, and is a step in the right direction to once again making university more accessible to australian students.

It used to be free! Now it’s being indexed at unsustainable and unacceptable rates.

Please consider signing and sharing.

[nando161mando]

How big will the next HECS indexation rise be? | ABC News

[akystaracer22]

I was talking to my American friends and I truly didn’t grasp how fucked up you economy and education was until I mentioned off handedly that I just got approved for my HECS debt and CSP.

Then I had to explain to them what exactly those were. Basically for those who don’t know, a HECS debt is a way to pay off your student loans which is really easy to apply for, and once you pass a certain pay bracket a percentage of your pay goes to the debt. The actual rate of which doesn’t change and is also much lower than a normal bank loan. It’s interest free and in general is much cheaper than banks. You need a CSP (Commonwealth Supported Place) before you can get a CSP. Some universities let you apply for both in the same document while others have you go to the government website.

They were all blown away by this and the conversation went into minimal wage and I yet again shared a little fun fact.

At my old job, my minimum wage was $18.50/h for my age with 1.5x pay Sundays and 2.5x pay public holidays. At one point I was payed almost $450 in a single day just as a casual worker. In retail.

So if your government ever tries telling you a decent minimal wage is unrealistic. No it’s not. They just want to keep you poor.

[lokh]

girl u KNOW it's bad when u consider going back to studying

[daydreamingmiller]

GRADUATING FROM MY BACHELORS TODAY

[wimmington]

have had a bit of a cry tonight thinking about magnus hirschfield! he feels like a bit of a patron saint for my love of sexology, especially because i am jewish intersex dubiously transgender & bisexual. honestly given my family history and his, we may be related, which would be cool. i'll follow in his footsteps no matter what

[hagrag]

Ughhhhh I did my tax return but the estimate is about $900 more than I thought it would be and I don't have the money. I now need to decide whether or not to request a deferral on my hecs. It would take care of about $550 of that so I could probably afford to pay the whole amount by october. But hecs indexation is so crazy that it would be better in the long run to just pay it now, and set up a payment plan for that $900.

[frogwhispererer]

Please sign and share!! the current HECS system is a steaming heap of shit!! It is entirely likely i will never pay off my HECS debt in its current system. A single trimester of study - 3 subjects- is $6251 AUD, and it will increase every year due to soaring inflation rates. HECS also impacts the ability to borrow money needed for purchasing houses - an already impossible task for a lot of Australians.

Education should be FREE and ACCESSIBLE to anyone who wants it - no matter what field of study.

The australian government collects more money from HECS than it does from the fossil fuel industry.

Something needs to change

[mellow-hole]

fuck it im gonna apply for a diploma of library and information services

[childhoodtheme]

perfectionism is so fucking stupid because Here I am like Ohhhh perfectionism is stupid but I won’t unlearn that fast enough to submit my already extended assignment on time and at an A+ quality sooooo I’m just going to drop out and ruin my career and accrue much more study debt than I should be ohhhhhj

[agnesmartin]

can't believe i owe money to the ato......just me and my glass of rose against the world </3

[rusannadoll]

she thinks she can win a scholarship to law school

[nest-being]

comforting to know i'll never make enough money to pay back my colossal hecs debt for the several degrees i haven't been able to finish 🥲

[windchimesofglass]

My special skill is going to random events and then window shopping degrees relating to it.

Last month's flavour of choice: sound design

This month's: heritage conservation

Next month's ....? I dunno - bee-keeping?

[ralaferin]

i am so fucking sick of having no money and no motivation and no ambitions but years of depression and only really hanging around so I can be a carer for an aging parent has me sucked dry of all these things. I feel like a corn husk