Australian Politics Forum - Lower HECS threshold

bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Lower HECS threshold Mar 29^th, 2016 at 12:14pm Great idea. The young need to learn asap that nothing's for nothing.
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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: Lower HECS threshold Reply #1 - Mar 29^th, 2016 at 12:15pm bogarde73 wrote on Mar 29^th, 2016 at 12:14pm: Great idea. The young need to learn asap that nothing's for nothing. Why not make companies pay half of it? The wealthy need to learn asap that nothing's for nothing.
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bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Re: Lower HECS threshold Reply #2 - Mar 29^th, 2016 at 12:23pm Oh dear you do have a thing about private enterprise. You must have been frightened by a socialist bogeyman as a baby.
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Redmond Neck Gold Member Offline OzPolitic Posts: 21688 ACT Gender:	Re: Lower HECS threshold Reply #3 - Mar 29^th, 2016 at 12:42pm I dont have a problem with that at all, maybe at a lower % rate than the current start salary. At least the debt is being paid off. Dare I suggest a token amount should come out of the dole and pensions as well.
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bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Re: Lower HECS threshold Reply #4 - Mar 29^th, 2016 at 3:07pm You certainly may suggest it and I second your proposal.
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Bam

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Re: Lower HECS threshold
Reply #5 - Mar 29^th, 2016 at 3:26pm

bogarde73 wrote on Mar 29^th, 2016 at 12:23pm:

Oh dear you do have a thing about private enterprise.

I have a problem with businesses bludging off the taxpayer. They derive a lot of benefit from a well-educated workforce but don't make any contribution. Why do you think businesses should get everything FOR FREE?

Here's an idea. Businesses that want the first pick of the best graduates should bid for them. Highest bid gets first pick. The money goes towards the universities and reduce the cost of the degrees for everyone.

bogarde73 wrote on Mar 29^th, 2016 at 12:23pm:

You must have been frightened by a socialist bogeyman as a baby.

It's pretty obvious that YOU don't have a HECS "debt".

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bogarde73

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Re: Lower HECS threshold
Reply #6 - Mar 29^th, 2016 at 4:17pm

No I don't but does that disqualify my comments?
I had a scholarship for my first degree which I had to pay back. I paid for my second degree and another qualification.
Admittedly they were cheaper then but what hasn't gone up.

The bottom line here is too many people are doing higher education in relation to the needs of the market. And many are doing courses which qualify them for very little. And to cap it off, the entrance standards for many things have progressively reduced encouraging more people to opt in.

Why should business, as a matter of market economics, pay more than the salaries of the people they want to hire? Unless, as I expect people like yourself would wish, they are forced to?

But the least that ought to be expected of people accepting expensive tuition at the taxpayers' expense is that they should pay back the cost, not if they earn a certain amount, bit when they earn anything at all. On a graduated scale of course.

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... Gold Member Offline Posts: 23673 WA Gender:	Re: Lower HECS threshold Reply #7 - Mar 29^th, 2016 at 4:22pm The threshold probably should have been set lower initially, but I don't know how much you could drop it by now. $55k is not huge money today, but 10 years ago it was pretty decent.
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Redmond Neck

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Re: Lower HECS threshold
Reply #8 - Mar 29^th, 2016 at 4:45pm

I just had a look at the weekly tables for TAX and for HECS

The figures for people who have claimed the tx free threshold are as follows

Tax starts being deducted at $357 per week $2 is deducted
HECS starts being deducted at $1040 per week $42 is deducted in addition to the tax of $197 (Total $239)

Surely on earning $357 dollars per week $10 HECS would be fair in my opinion, this would progressively rise to $42 on earnings of $1040/week

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« Last Edit: Mar 30^th, 2016 at 11:58am by Redmond Neck »

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bogarde73

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Re: Lower HECS threshold
Reply #9 - Mar 30^th, 2016 at 9:19am

That's quite a staggering comparison there Redneck.

The trouble with people like Bam, and he represents the majority I suspect, is that they look at any issue in terms of how can one sector of society be forced to pay for the problems of another.
Only I suspect they never consider the basic time-honoured principle that, adversity excepted, people should expect to pay their own way and honour their debts.

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cods

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Re: Lower HECS threshold
Reply #10 - Mar 30^th, 2016 at 9:27am

Bam wrote on Mar 29^th, 2016 at 12:15pm:

bogarde73 wrote on Mar 29^th, 2016 at 12:14pm:

Great idea.
The young need to learn asap that nothing's for nothing.

Why not make companies pay half of it?

The wealthy need to learn asap that nothing's for nothing.

what about hospitals???... and dare I say.. Universities????... do you think they will enjoy tipping in half???..

its the person who ,BENEFITS they can take their degree anywhere in the world...

it used to be a privilege we have now made it as common as dirt..

a degree isnt worth anything like it once was....
we have lowered their pass marks.. the entry marks...and our expectations...

and guess what its costing zillions.

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cods

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Re: Lower HECS threshold
Reply #11 - Mar 30^th, 2016 at 9:30am

bogarde73 wrote on Mar 30^th, 2016 at 9:19am:

That's quite a staggering comparison there Redneck.

The trouble with people like Bam, and he represents the majority I suspect, is that they look at any issue in terms of how can one sector of society be forced to pay for the problems of another.
Only I suspect they never consider the basic time-honoured principle that, adversity excepted, people should expect to pay their own way and honour their debts.

and most companies have to give some form of training to their employees anyway....

apprenticeship is a sharing the load ..

I think we do alright in this country with business imput...

have you noticed no lefty ever suggests the unions teach their members how to be a plumber or electrician.. or a journalist or doctor.,.

funny that.

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Redmond Neck

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Re: Lower HECS threshold
Reply #12 - Mar 30^th, 2016 at 12:00pm

Redmond Neck wrote on Mar 29^th, 2016 at 4:45pm:

I just had a look at the weekly tables for TAX and for HECS

The figures for people who have claimed the tx free threshold are as follows

Tax starts being deducted at $357 per week $2 is deducted
HECS starts being deducted at $1040 per week $42 is deducted in addition to the tax of $197 (Total $239)

Surely on earning $357 dollars per week $10 HECS would be fair in my opinion, this would progressively rise to $42 on earnings of $1040/week

Slightly updated (highlighted).

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cods

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Re: Lower HECS threshold
Reply #13 - Mar 30^th, 2016 at 2:05pm

Redmond Neck wrote on Mar 30^th, 2016 at 12:00pm:

Redmond Neck wrote on Mar 29^th, 2016 at 4:45pm:

I just had a look at the weekly tables for TAX and for HECS

The figures for people who have claimed the tx free threshold are as follows

Tax starts being deducted at $357 per week $2 is deducted
HECS starts being deducted at $1040 per week $42 is deducted in addition to the tax of $197 (Total $239)

Surely on earning $357 dollars per week $10 HECS would be fair in my opinion, this would progressively rise to $42 on earnings of $1040/week

Slightly updated (highlighted).

I think thats fairly new red... it wasnt until they realized it was getting into the Billions...I agree $10 a week would change anyones life and it gets rid of the debt faster...

god so many find the money for smokes alcohol and drugs dont they.. I dont care how people spend their money nothing to do with me..... but HECS isnt their money its other peoples.

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Redmond Neck

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Re: Lower HECS threshold
Reply #14 - Mar 30^th, 2016 at 2:23pm

cods wrote on Mar 30^th, 2016 at 2:05pm:

Redmond Neck wrote on Mar 30^th, 2016 at 12:00pm:

Redmond Neck wrote on Mar 29^th, 2016 at 4:45pm:

I just had a look at the weekly tables for TAX and for HECS

The figures for people who have claimed the tx free threshold are as follows

Tax starts being deducted at $357 per week $2 is deducted
HECS starts being deducted at $1040 per week $42 is deducted in addition to the tax of $197 (Total $239)

Surely on earning $357 dollars per week $10 HECS would be fair in my opinion, this would progressively rise to $42 on earnings of $1040/week

Slightly updated (highlighted).

I think thats fairly new red... it wasnt until they realized it was getting into the Billions...I agree $10 a week would change anyones life and it gets rid of the debt faster...

god so many find the money for smokes alcohol and drugs dont they.. I dont care how people spend their money nothing to do with me..... but HECS isnt their money its other peoples.

Agree!

I only quoted where HECS currently starts being deducted above, obviously on salaries over $1040 per week it progressively increases.

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