Blissfully ignore it
I'm adding to it again with a second degree so I really don't bother looking at how much it is. It'll get paid off one day when I'm working again I guess. I have no plans to ever make voluntary payments.
Registered User
Blissfully ignore it
Registered User
i never make payments on mine.. i have never earned enough. i don't think i will ever be earning $45000 tbh. im not practicing my "studied profession" so i don't get much money. and i hope to be a mum soon anyways and then i really won't be paying it off. good to know that it gets wiped if i die. i don't want my dh to have to pay that off.
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I'm a bit of an ostrich about mine. Head in the sand kind of thing. I figure when i start working i'll start paying it. In the mean time i don't bother looking at the interest too much. Not sure if that's the smartest option though?!
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$45000 HECS debt and counting....
Will worry about it when I earn enough to have to pay it.
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I paid the last of mine last year when my tax was done. Of course it will start building up next year when I'm back at uni & I'll be paying it because I will be earning over the threshhold, or I might just utilise the fee help they have and pay the subjects off during the semester so I have no debt.
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Its the best kind of debt you can have IMO, it has no due date and is one of the lowest interest rates out there! Unless you have money to throw around, i wouldn't bother making payments too it either.
Registered User
Honestly, just ignore it. The payments when they are made are so low that you don't even notice them. Fact of the matter for me is that once I was working and paying off my HECS debt, the money just went out of my pay before I got it so it wasn't like I ever missed the money anyway - I didn't have it before I started working and I didn't have it afterwards.
It took nine and a half years of working before mine was paid off - just in time for me to quit working and become a SAHM permanently. Oh well, at least I've paid the country back for educating me!
BW
ergh I owe just over 3 grand. I hope I havent earned enough to start paying it off yet, I need the tax money this year :/
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