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I'm not making 100k+ but I totally get it. It's the same reason why people with income and assets in the millions use tax minimisation strategies so they have more cash to spend on what they value. Unless you're donating extra tax every year, I don't see your point. I guess it's different when...

If you're never planning on having any other debt, then sure, pay it off. Not sure why you'd bother if you had a mortgage or other debts as well. Also, you left out the CPI indexation

Of that 44k, at least 15k would be the CPI indexation amount. It's not like it all comes off the principal

It will be a perpetual debt at this rate unless you consistently earn over 100k/year. Only about 5-6% of the population makes this as their annual income. If you make less, the repayments won't even cover the interest. I have a HECS debt of 50k and even with the current arrangement, it...

I think this is flawed logic. If it's already difficult for low income students to enter university, creating additional barriers will just make it worse. Even if 10 low income kids decide not to go to uni because of this then that is a big failing on our part. Surely we can just cut a bit of...

I have about 50k owing and no intention of paying it off myself outside of the normal contribution out of my fortnightly pay