Kawasaki Sportsbike Riders Club - Australia - Online Forum

by **Neka79** » Sun Nov 05, 2006 8:01 pm

question for those of u who are at uni, and accruing HECS fees...

when u signed up for uni (or whatever u do) did u have to sign up for HECS fees and what not??

reason i ask, is a freind of mine who only went to UNI cos her parents forced her, and they told her they would cover it if she went, is now being told they havent been paying it, theyve been doing the HECS thing, so shes gunna owe $30odd grand when shes done....and she never wanted to go to uni...

i reckon its bullshit just quiettly...

by **red_dave** » Sun Nov 05, 2006 8:13 pm

Just make sure she declares it with her employers so she doesn't get hit with a massive tax bill at the end of the year...

Learnt that one the hard way. :roll:

by **Barrabob** » Sun Nov 05, 2006 8:24 pm

Or she finds a nice guy with a engineering degree and hooks up.

by **Burky** » Sun Nov 05, 2006 9:19 pm

From what i have heard the HECKS thing would have to be one of the biggest money makers, in the sense that after you have your degree you then end up with a massive bill. 3yrs at uni @$30k/yr thats $90k and you still need a job at the end.

by RG » Sun Nov 05, 2006 11:20 pm

Barrabob wrote:Or she finds a nice guy with a engineering degree and hooks up.

Mina has got an engineering degree.
I hope to get mine soon.

HECS is just a loan, some people expect uni education to be free. Dream on...

by **SenNey** » Mon Nov 06, 2006 5:48 am

You have the option of paying it bax at tax time, it' asks you if you have a HECS debt.

by **mike-s** » Mon Nov 06, 2006 7:22 am

RG wrote:
Barrabob wrote:Or she finds a nice guy with a engineering degree and hooks up.
Mina has got an engineering degree.
I hope to get mine soon.

HECS is just a loan, some people expect uni education to be free. Dream on...

many moons ago it used to be free, oh the joys of corporatisation of the world!!

by **Stereo** » Mon Nov 06, 2006 9:32 am

My wife is still paying of one single simester she spent at uni....... They charged her for a whole year....

by **alexpacer** » Mon Nov 06, 2006 9:42 am

i did my uni for two years, one year i get a scholarship from school so i didn't have to pay for it and i now own about 10000 for that other year :shock:

then i went to master and now nearly finished...my master degree is about 1.5 years, i assume i will have a bill of nearly 30000 after all...dang... :shock:

by **hidepenny** » Mon Nov 06, 2006 11:49 am

but it all depends, if u don't make above $40k or 45k per yearly, then u don't have to pay the money they hold off you will be refunded back to you when u claim ur tax back !

by **stevew_zzr** » Mon Nov 06, 2006 12:34 pm

Uni *used* to be free as it was seen as an investment by governing authorities.

These days I guess it isn't, unless you work for the uni doing research.

by **I-K** » Mon Nov 06, 2006 12:37 pm

burkys_ninja wrote:From what i have heard the HECKS thing would have to be one of the biggest money makers,

HECS typically covers about a quarter of the costs of running the tertiary education sector. Further, it doesn't accrue interest, it's open-ended (there's no payment deadline), and to avoid paying it, all you have to do is go work overseas. HECS is repaid as tax on income earned in Australia. Don't earn any money in Australia, don't pay any HECS.

3yrs at uni @$30k/yr thats $90k and you still need a job at the end.

Would you care to cite some examples of HECS-eligible university courses which cost $30K per year?

by **I-K** » Mon Nov 06, 2006 12:38 pm

Stereo wrote:My wife is still paying of one single simester she spent at uni....... They charged her for a whole year....

So why isn't she disputing it?

by **Cath** » Mon Nov 06, 2006 1:47 pm

Neka79 wrote:reason i ask, is a freind of mine who only went to UNI cos her parents forced her, and they told her they would cover it if she went, is now being told they havent been paying it, theyve been doing the HECS thing, so shes gunna owe $30odd grand when shes done....and she never wanted to go to uni...

i reckon its bullshit just quiettly...

I assume she enrolled, signed the forms, provided her tax file number, etc. (Ignore the rest of this post if she was a child prodigy and her parents enrolled her and signed for her, before she was legally an adult)

Old enough to go to uni is old enough to NOT go if it isn't what you want to do. Sounds like her parents did something pretty nasty and dishonourable, and I do feel sorry for her for that. OTOH, she needs to realise nobody "forced her" to go to uni. If she wants to be treated like an adult, she needs to act like one, IMO.

by **Stereo** » Mon Nov 06, 2006 1:50 pm

Nice of her parents...

they wanted to ensure that she was set up for life....

but they ensured she was in debt for life.....

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