Originally Posted by
Squawk7700
The issue is, what is “gainful employment.”
There are many other HECS funded courses that often don’t lead anywhere too. Eyes wide open when heading down any university / or expensive course pathway. There are zero guarantees with any of these courses or degrees.
First, most degrees have an entry requirement of a certain ATAR. VET loans only require a pulse.
Second, the only HECS courses where you can borrow that much are medicine, dentistry and veterinary science, Very difficult to get into and good chance of gainful employment afterwards.
Thirdly, these loans aren't actually HECS they are VET supposed to specifically address industry needs.
This is where you need to find out who is driving the gravy train because there are some people getting very very rich (remember Neel and his $67 million on the rich list?).at the expense of people like the OP .
Mach, very true, not just the ones in the trough now, think of how many of those snouts just took the money and disappeared, leaving a trail of unfinished students, unpaid debts and unpaid instructors, leaving the rest of us to pick up the tab as creditors tried to cover their losses. There are some safeguards in place now, but the outcomes for people like the OP are the same, although he was lucky enough to actually finish his course; many never did and still had the debts.