Follow the link below to read a very helpful article discussing the details of VET FEE-HELP course funding…
Study now, pay later. Learn top tips of what should you know about the VET FEE-HELP before you use it to cover course tuition fees.
How to get ahead while you’re young. We enjoyed this post by Financial Samurai:
Becoming a millionaire nowadays is getting easier thanks to inflation, population growth, the internet, and tremendous amount of resources.
Three Reasons Why The First Million Could Be The Easiest
1) Tremendous energy. When we first graduate from high school or college, we have a tremendous amount of energy to show what we can do after all our education. We’re hungry, motivated, and need to prove to others and to ourselves our worth. Unfortunately, so many of us piss away our youth by buying new cars, getting into credit card debt, not listening to our elders, and thinking the world owes us something. Forget it folks. Nobody owes us anything. But we owe it to ourselves and to our parents who sacrificed all that time and money raising us to give life everything we’ve got.
2) Less dependents. Most of us won’t have children by the time we graduate from college. As a result, we can focus 100% of our efforts on generating wealth by developing our careers or our businesses. Compare ourselves to middle aged adults with two children, a mortgage, and aging parents to take care of. We are like finicky Ferraris on a starting line ready to blow away our older model competitors.
3) Nothing to lose. When we graduate with nothing, we have nothing to lose. Compare that with people with property, stocks, and other investments during economic downturns, and they have everything to lose. With very little assets, we should be taking more risks. Now is the time to start a company, invest in that growth stock, take a new job opportunity, or move half way across the world on a hunch that good things might happen. If we don’t take risks while we are young, we certainly aren’t going to take them when we are old.
From news.com.au: UNIVERSITIES will be able to decide how much they charge students for degrees in an overhaul of Australia’s tertiary education sector, which will also see students having to repay their government debts earlier.
The Coalition has used its first budget to make significant changes to the way universities and schools are funded.
The new measures will extend financial assistance to people studying diplomas or undertaking degrees at private colleges or TAFE from 2016, at a cost of $820 million to the budget.
But the amount of money the government provides to universities for each course will be cut by about 20 per cent, and current caps which prevent universities across the country from hiking up the cost of degrees will be abolished from 2016.
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