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So at the start of our course are fees are outlined to us, and the government pays. Now when we start earning a wage over I think it's 50k a year we start paying our loan back. Basically just a student loan from the government, without all the crazy bank stuff like the United States.
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[–] ktl97 [S] 0 points 1 point 1 point (+1|-0) ago
Yes, In Australia we pay back our uni loans when we earn over a threshold. It's known as HECS.
[–] AlinaWithAFace 0 points 2 points 2 points (+2|-0) ago
Can you elaborate on this?
[–] ktl97 [S] 0 points 1 point 1 point (+1|-0) ago
So at the start of our course are fees are outlined to us, and the government pays. Now when we start earning a wage over I think it's 50k a year we start paying our loan back. Basically just a student loan from the government, without all the crazy bank stuff like the United States.