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by bigger_cheese 3303 days ago
I graduated from university in Australia 10 years ago. At the time I did not have to pay anything upfront but I did accrue a debt while I was studying. The cost for me studying Engineering was ~$750 per subject (8 Subjects a year * 4 year degree = $24K debt at graduation).

The entire debt was interest free and repaid out of my tax return once I started full time work (i.e. I effectively paid higher tax rate until I had paid off my university debt).

The expensive part in Australia is not cost of university. It is all the living expenses and other costs while you are studying (rent, food, transport etc.) In some cities like Sydney cost of living is stupidly high especially compared to low wages you'd get doing typical student work (waiting tables, bar tending etc).

1 comments

A significant chunk of the massive numbers people are throwing around talking about the cost of college comes from living expenses.