| anonymunchy said: Besides some Scandinavian countries I've never heard of a government actually given money to people to go to college. The idea of getting into debt with the government without job security doesn't sound very appealing to me neither. Not sure whether or not my point will come across, but it's the best I can do right now. |
In Australia we can get a loan from the government called HECS. Basiclaly the government pays your your education and then once you start earning cash over $X amount you pay a % of your wage back. The % ranges from 5% to about 8% depending on how much you earn. It goes up by inflation each year.
This loan isn't considered debt so when you go to a bank to get say a mortgate for a house it isn't factored in as risk.
HECS is what really helped me go to University, without it I probably would not have gone.
