Of course you do : after all ,where else would all the stuff that the y gen. buys and then dumps after wearing it once or twice go.After all they`d hardly want to be like the the boomers who would wear what ever they bought until it was completely worn
Now i wonder if these uni students declare their income from drug deals and prostituation to the ATO.... but then again, i guess they see it as a hobby
Whilst we are at it, i would like to blame HECS for the following as well:
* global warming
* high banana prices
* the westpoint collapse
* Paris Hilton's movies (holloywood and private/public home movies)
* Oddball's hairy backside and his waxing/shaving problem
* the ugly curtains in my lounge room; and
* John Howard not giving the prime ministership to Peter Costello
Actually Bun that is a very good argument,
selling yourselve may seem unseemli(?spelling)but surely it has to be lucrative,so why are these students in debt.Gee stop the clock,you have to articulate your argument a little better in future,so far Prospector and now Bun have shot your argument down in flames.
I havent bothered to pay off my hecs debt as the discount is only 20% compared with 10% if you pay it off afterwards and with an interest rate of inflation its about the cheapest loan your ever going to get.
I even borrowed money to go on a study trip even though an extra 20% gets tacked onto your hecs debt because it works out cheaper within 4 years if you earn just 2-3% more than inflation, which you can currently do by just putting it in a term deposit or an ING account hopefully more with trading .
There is no doubt I would rather have a free education but given that the tuition fees for a single year at the Uni I am exchanging with for most of the year is just a little less than 50k dollars I don't feel I should complain that much (the American system is insane). The fact that the pay is pretty good when I graduate and with basically a 100% employment rate might bias my opinion though.
Students are really going to feel the pinch this year with their HECS debts, not only are they paying 25% more for their studies but now are being hit by a 4 per cent CPI inflation number, which is a near 11-year high.
Ouch!
I remember when GST was introduced and CPI ran at 6%, now that hurt, and made my debt even harder to pay off!