Enrolled!
The good thing is that I won't be paying it upfront (do I look like I'm made of money??) or through a standard loan system (like the student loan system in the States and Canada, eh?). No, you sign up for what's called "VET FEE-HELP" (HELP is the new version of HECS and VET FEE-HELP is the same system specifically for private colleges and TAFES that offer VET courses) which is a system whereby the government will pay the institution the fees (either all or some depending on your preference) and then, once you start working and earn over $40-something-thousand a year, you start paying it back via the taxation system as a percentage of your annual earnings (just like tax).
For example, currently I get taxed about $700-800 per fortnight as "normal" tax and then, on top of that, I pay about $100 a fortnight for my current HELP debt which comes out along with my tax. If I don't earn over the threshold for the year I claim all that HELP debt repayment back through my tax return (which can net you a couple of grand for a tax return which is always handy). Not a bad little system and it does make getting an education attainable for a majority of people who would otherwise be too poor to do so. Mind you, it would be better if all higher/tertiary education was free like back in the old days.
Bloody government and their financial rationalising.
The other good thing is that once I do finish the course I could choose to leave the country and work overseas - thereby not actually earning anything in Australia and therefore not have a taxable Australian income - and not have to pay it back anyways. So, in a roundabout way, it would be free. Heh heh heh... yes, people, milk those loopholes for all you're worth (as long as you don't mind not living in your country of birth once you've finished your education)!
There is the possibility of having that loophole closed sometime in the future with a retroactive effect which would mean I'd be a little screwed. But the system needed to do that (not to mention the co-operation of all the other countries of the world) would be so difficult as to be almost "incontheivable!" and practically unmanageable. So I think I'm pretty safe. *knock wood*
So, on top of my soon-to-be $25,000-odd debt I also have my old university debt through the HELP system that put me through university in the first place and got me my teaching qualifications. That debt is about $24,000-odd. So, by next year I'll be around about $50,000 in debt to the government. Woo me!!
If they had have had a course like this back when I first went to university I would have been all over it like a fat kid on a chocolate bar and not have two HELP debts accrued but, as they say, "them's the breaks"! (Seriously, who are "they"? And do they really say that?) These are the things we do for happiness in life. If you have to work you may as well be happy with what you're doing so a little debt is a small price to pay I think.
Lowman X, out.

