Australia has what is known as HECS (Higher Education Contribution Scheme) - which is like a student loan , only paid back through extra tax when you start working and in fact is only a fraction of the actual cost of your uni education the rest being funded already by the government - which along with Austudy, the dole and other disfunctional welfare schemes is probably why the tax is so high (Subsidised education is actually quite a good idea IMHO - but only if implemented right (as opposed to 'implemented by the right' ;-))). The interesting thing about HECS is that you only have to start paying it back if your earning over 20k per annum (12k USD) - in Australia.
Australia has quite a few unemployed graduates collecting the dole, and large numbers of the more employable graduates heading overseas where tax is lower and HECS isnt collected. Funny that... -----Original Message----- From: Mark Galbreath [mailto:[EMAIL PROTECTED] Sent: Monday, 31 March 2003 21:01 To: 'Struts Users Mailing List' Subject: RE: [OT] Re: Does a degree matter? No shit! It took me 15 YEARS to pay off my student loans - and I even had scholarships and, at the grad level, 3 teaching fellowships. Mark -----Original Message----- From: Rick Reumann [mailto:[EMAIL PROTECTED] Sent: Saturday, March 29, 2003 5:00 PM To: Struts Users Mailing List Subject: Re: [OT] Re: Does a degree matter? On Sat, Mar 29,'03 (02:31 PM GMT-0600), Jeff wrote: > probably only you can > make that decision. its a tough one. > Also depends on your financial situation...sucks when you have to take out loans for school. I think I'll be paying back my loans forever:)(Biology major...not even computer science.:) -- Rick --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED] --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED] --------------------------------------------------------------------- To unsubscribe, e-mail: [EMAIL PROTECTED] For additional commands, e-mail: [EMAIL PROTECTED]
