- Depending on your social-economic background, The government pays you a cost-of-living income [1],
- pays your university fees [2] which are tiny compared to US fees,
- and you repay back 4%/year once your have an income > than approx A$55,000.
17% looks very painful in comparison!
Of cause, you need to be an Australian, so it probably doesn't help most of you!
[1] Depending on your Probably actually less than cost of living, so most students also work a day or more a week while studying.
[2] They cover the university fees -- You still need to pay for books, and other similar expenses up front.
Ps - forgive my shortness I'm on mobile.
Great scheme overall though.
- Depending on your social-economic background, The government pays you a cost-of-living income [1],
- pays your university fees [2] which are tiny compared to US fees,
- and you repay back 4%/year once your have an income > than approx A$55,000.
17% looks very painful in comparison!
Of cause, you need to be an Australian, so it probably doesn't help most of you!
[1] Depending on your Probably actually less than cost of living, so most students also work a day or more a week while studying.
[2] They cover the university fees -- You still need to pay for books, and other similar expenses up front.