I think in the future students will need to do some calculations as to whether or not its worthwhile to take on a HECS debt in exchange for future earnings potential.
I would say a $50K HECS debt is worth a $100K pa job. But a $50K HECS debt is not worth a $50K job.
I know of a student who have did a PHD in Philosophy, finished uni at 28 and now works in retail.... was that worth it? I'll let you judge. I know of another who did a 4 year bachelors, changed her mind and is now studying for another degree which will take a further 3 years to complete....
the mind boggles at what their HECS debt would be
I see Uni as a means to an ends, if there is no job at the end of it why bother?
I would say a $50K HECS debt is worth a $100K pa job. But a $50K HECS debt is not worth a $50K job.
I know of a student who have did a PHD in Philosophy, finished uni at 28 and now works in retail.... was that worth it? I'll let you judge. I know of another who did a 4 year bachelors, changed her mind and is now studying for another degree which will take a further 3 years to complete....
the mind boggles at what their HECS debt would be
I see Uni as a means to an ends, if there is no job at the end of it why bother?