We lost one GP as a direct result of the closure of the hospital, while another moved for family reasons, and as far as I can tell HECS
(home enhanced care) barely exists in this area.
refers to the Higher Education Contribution Scheme.
The fact that university students are accruing both HECS
debt and exposed to a wider variety of credit services makes financial literacy among this group even more pertinent.
1996: Vanstone's reforms under the Howard government saw an increase in HECS
fees, the introduction of a three-tiered HECS
scheme, reduction of the HECS
repayment threshold, and a planned reduction in Federal government funding, further entrenching higher education in a quasi-market.
Bruce Chapman (2004) promotes retrospective income smoothing through income contingent loans, the principle underlying the HECS
scheme, where a loan is repayable only when a person's income reaches a certain level.
He points out that the Higher Education Contribution Schemes (HECS
) and compulsory occupational superannuation reduce the capacity of young households to purchase housing but then backs away from the logic of his own argument when he says; "Identifying these aspects of public policy should not necessarily be seen as an argument against HECS
or compulsory occupational superannuation (p.
This reflected over-enrolments on the part of universities (that is enrolments above the allocated number of funded HECS
places--for which universities received relatively low financial compensation).
The government may have hoped that HECS
fees would make students more demanding consumers, but the reality is that, once enrolled, students are largely captives of their university and unable to exert strong pressure on the quality of teaching and learning.
The most notable changes are the continued growth in the proportion of the public expenditures funded through HECS
and the expansion in fee paying overseas students and Australian students in postgraduate courses.
The primary objective of HECS
was to allow the higher education sector to expand without a substantial growth in government funding.
The Australian Government is considering reducing the HECS
contribution rate for nurses to boost enrolments.
exports of HECS
to Mexico have been shut down for 15 months.