Quote:
Originally Posted by GoNative
In Australia we have a system where you are not required to pay fees up front to attend university. You pay off your tuition after you have finished and have full time work through extra tax. Once you start earning over something like $35k per year you pay a percent or two extra tax. The more you earn the more extra tax you pay, up to an extra 6%. I was paying the top rate most of the time and had all my tuition payed of by the time I was 30. And then it was like I got a 6% pay rise! All in all I think it's a good system. How rich your parents are has no bearing on what university you can attend.
|
This sounds like a very good system to me. It's hard to put this kind of sophisticated policy in place in a larger country like the US though.