Is University worth it ? (1 Viewer)

[Zen2613]

Hey so I've just done my HSC, and was planning to go to UNSW for a double degree with honours for 5 years, until I saw this:

http://www.whatwillmydegreecost.com.au/

Now, I am truly scared about going, is all of this true ? There's no way I'm going if it is, 97 atar gone to waste...

Help!

 

[Cleverusername5321]

dunno

at uws orientation they said they wont be bringing up the fees at uws tho. so maybe it depends on uni.

it also depends on how much u'd earn without a degree.... presumably u'd make a lot less only having a high school certificate rather than a 5 year degree.

plus, the website showed a starting salary of $51k for law. it might well be true but other websites show a $60k average starting, and it can go up to $100k in a few years.

 

[crowley926]

This isn't accurate anymore as the deregulation bill did not pass Senate. And more recently, the Turnbull government shelved it and even if they do consider it, it won't be implemented till at least 2017.

 

[pomsky]

Will it really take that long to pay off your loans?

I mean, if you graduate with a grad position and are earning ~60k. Your degree (under the abolished scheme) costs ~100K.
Couldn't you live on approximately 30k a year and use the other 30K to pay off your degree? Wouldn't that take only about 3-4 years to do? Website is saying 30+ years.

Why

 

[Silky_Smooth]

Not even a reputable source... just ignore it

 

[Ununoctium]

The website you're looking at is outdated, generalised and deeply politicised.

Why trust something that has no sources, makes huge assumptions, and speculates?

Go to Uni if you either want to learn something new, or work in a professional sphere. Apply for bursaries or scholarships if you need financial aid.

 

[RealiseNothing]

Will it really take that long to pay off your loans?

I mean, if you graduate with a grad position and are earning ~60k. Your degree (under the abolished scheme) costs ~100K.
Couldn't you live on approximately 30k a year and use the other 30K to pay off your degree? Wouldn't that take only about 3-4 years to do? Website is saying 30+ years.

Why

You're forgetting tax though and other stuff.

Like tax alone, on a 60k salary, you'll be paying 11k. So you will only be getting 49k a year.

 

[Kolmias]

OP: Please note. If you scroll to the bottom of the webpage, you will find a small notice saying:

Authorised by Senator Lee Rhiannon
72 Campbell Street, Surry Hills
NSW 2010

Then the logo of the Greens.

It appears to be some sort of recruitment tool to scare people and get them to join the Greens.

 

[Queenroot]

Holy shit OP this is from like 2014
It says Abbott
Read it ffs

 

[mcchicken]

Holy shit OP this is from like 2014
It says Abbott
Read it ffs

I gave up on trying to keep up with who the prime minister is tbh

 

[BLIT2014]

Depends what your future plans are.

 

[Amundies]

Also HECS is less stressful than a normal debt. If you aren't earning over a certain amount, then you don't need to pay back the debt.