Threshold Raised

The repayment threshold for student loans has been raised to 17,784 per year. This is only $342 a week. Now I pay rent of 119, phone of 5, power about 13, and internet of 10. thats a total of 147 without counting food and/or travel, I think most people would struggle to survive on the amount that the government thinks is a fair wage, and every dollar over that you don't only lose 20%+ to tax, but also 10% to your loan, and then add on if you have a job on secondary tax, that is then 33% + 10% of every dollar earned so for a second job you pay 43% of it to the government, there really is no incentive to get ahead in this country, and these students when they are studying also receive less money than those on the dole, and their parents are mean tested til they are 25.

I don't see any fairness in this!!!!!

Oh and to compare it to Australia, over there the repayment threshold is $37,355 New Zealand. This is ludicrous, no wonder so many students bail and head overseas.