You think so? It may just be me, but my HECS debt comes to my mind exactly 1 time every year and that's when I have to check the HECS box when I enrol. I really don't think many people consider the cost of failing in terms of HECS debt. The simplicity and 'out of the way' nature of enrolling for HECS allows you to click and forget.
My lecturers wouldn't let me forget it if I tried lol. But also, the amount of outrage being sparked by the course fee changes the government proposed earlier in the year I think does inform there's definitely a group of students who are actively aware of their HECS debt. But also, counterpoint - if the debt didn't worry them before because it was out of mind, why would this change things? It's nice to think, "oh, we made this a bigger deal, so people will think about it now" - but the gravity or impact of something only loosely correlates with memory, whereas its abundance in their life 100% does correlate. For example - cancer is one of the most dangerous things in our lives, but for a lot of people they aren't thinking about it constantly, when it is very highly prevalent and a real risk to basically everyone. So, why aren't they thinking about cancer? - because it's not the thing that we're dealing with 99% of the time, COVID-19 is. Unless you start reminding people more about losing HECS, I doubt it'll even stick in their mind anyway - hell, the more likely point is they'll realise their struggling and near failing, get reminded that if they do fail they'll lose HECS, and then turn into an anxious little bubble that can't perform ANYWAY.
I haven't started uni yet. But I haven't bothered looking at all at fees for it; I don't have to pay now, so I don't look at it. Sure, I don't want to fail stuff. But what's here isn't going to change anything like that. All it'll do is, potentially, put way more stress on me, if I was going to fail subjects. It would also practically shut me out from any further education (if I did lose HECS). However, I have no opinion on this matter, not really. I care neither way.
Honestly though, I have no idea really about what it is or anything. Feels like there simply isn't enough information on uni out there, and if there is, takes a poisonous amount of time to search up - in which time one might have failed or done badly somewhere, in which case may not even be able to do the course that so much time was spent looking up. So I dunno really
Actually, information on HECS is available freely on the Government website, and the university should (or I think even by law, HAS to) show you to those resources before you can accept the loan. Sure, maybe it's a "should've read the terms and conditions" type of situations, but it does mean that you should be aware of where to find the "terms and conditions" if you end up in this situation. So, with a little luck, if the legislation gets through - at least you'll be able to inform yourself, so you know what's up. I highly recommend reading the material, too - there's a lot in there that you may have had no idea about.
For example, there's a "HECS-loan limit" of about $100,000, starting from the start of this year. At the same link, it also informs you that there's a deadline before dropping out in which you don't get charged HECS - essentially acting as a "try before you buy" for units.
Because education is not a privilege, its a right
lol there's a whole other debate in itself
I also think this announcement should've been made earlier, if they were made aware of this earlier students would have had the incentive to try harder. I just think especially now, in the time of covid. When people are struggling to get jobkeeper payments + youth allowance it probably wasn’t the best time to introduce this change.
TBF, this announcement won't affect people currently studying. It may apply to them retroactively (that is, even though they started before the law comes in, it might still apply to them), but it won't be applied to units they did before the law was passed. Also, tbf, anything that means the government can spend less time is a change they won't to be putting out there WHILE COVID is a thing, when people are scared about the economy and it potentially failing - I just don't personally think this was the right way to tackle that potential problem.