How can I start getting square with my HECS debt?
September 19, 2008 5:05 PM Subscribe
Hey, Australians who have dealt with (or are) HECS bureaucrats! How can I start getting square with my HECS debt?
posted by anonymous to Law & Government (7 answers total) 2 users marked this as a favorite
I went to university in Australia in the 90s, receiving some money from the HECS scheme. I worked for a few years in Australia but without reaching the minimum wage requirement to pay back HECS. Then I left the country and got a job that does meet the requirement... but since I don't pay any Australian taxes, no HECS. Now I'm building up to the house-and-family thing and want to deal with this thing once and for all.
What I want to be able to do is:
1) Contact HECS and find out how much money I owe
2) Work out a payment plan that's as convenient for me as possible (for ex, taking advantage of 'If you pay more than $1000 at once' bonuses, if they have them.)
But I am afraid to take step 1 until I know how they're going to react. If they're just going to want to persuade me to pay them back, and offer me incentives to do so, great. If they're going to be threatening me and making demands, I want to be prepared to respond.
BTW, I am definitely looking for closure here. I won't ever live in Australia again but since who knows what will happen in the future (for ex: my government and Australian government reach an agreement about wage-garnishing in 2050, I get hit with 60 years of compound interest just before retirement)... I want to get to a situation where the Aus. government and I both agree that we are 100% square, end of story.
I am however open to fancy tricks that achieve this goal, legally, but minimizing the amount I pay back.
Throwaway gmail: email@example.com. Thanks in advance for your advice.