Originally Posted by
mcgrath50
The debt only goes up by CPI, if you are going to go into debt for something it's the cheapest money you will ever get. For any degree it's better to use the HELP schemes than to get a personal loan or redraw on a mortgage.
Agree McGrath but debt is debt, that is why the World's economies are in the mess they are in, because borrowing is too easy and we are much to eager to buy now and pay later.
A HELP funded degree whilst not costing anywhere in the region of pilot training will generally be broad enough in scope to lead to a reasonable graduate position and salary within a shortish timescale if you are not too fussy.
What we are talking here is paying over $100k (up to $200k for the Jetstar "Designer Course") for a lower level certificate IV qualification in a highly specialised industry, with relatively limited opportunities and for those opportunities that do exist extremely low paid.
Reasonable paying jobs are restricted by Airline minimums and are not available so they sponsor migrants from overseas making the whole job availability situation worse.
Ask Wayne Swann how much of his defecit is down to interest payments and how this has increased over the past 4 years.
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