HECS

Or actually HELP, which is what they're calling it now. Perhaps because they help you to the poorhouse. I now owe the government $14,534 for my education (on top of the $1000 or so per year I paid direct to the university for amenities fees and books etc). It amuses me that I owe $14.5K for my education, but said education resulted in a job where I'm earning below the compulsory repayment threshhold.

Bwahahaha! Take that, John Howard!