[extropy-chat] a job for me?

[Emlyn O'regan]

The classic way of avoiding paying back student loans in Australia (where
they are called HECS and the HECS supplement), is to move to a different
country as soon as you graduate. This means you can never come back, of
course, unless you are willing to begin paying the loans when you come back,
but some people don't mind that. When you owe the government $20K+, the big
wide world out there suddenly looks very attractive. :-)

Emlyn
(Some people have mentioned here and there that loading new graduates up
with giant debt might be contributing to the brain drain. What a bunch of
whiners!)

> -----Original Message-----
> From: Adrian Tymes [mailto:wingcat at pacbell.net]
> Sent: Friday, 7 November 2003 5:12 AM
> To: ExI chat list
> Subject: Re: [extropy-chat] a job for me?
> 
> 
> --- kevinfreels at hotmail.com wrote:
> > One thing I am curious about is student loans. It is
> > my understanding that
> > as long as I am enrolled full time, I don;t have to
> > start paying back the
> > loans.
> > Since I work from home and I can make a decent
> > income working about 20 hours
> > per week, maybe I could stay enrolled full-time
> > until the singularity hits
> > at which point the economy would be so screwed up
> > that I wouldn;t have to
> > worry about paying them back.
> 
> Don't loans usually have a time limit on how long you
> can remain enrolled?  5 years?  Probably under 10.
> Certainly, others have tried that trick - but planning
> on staying enrolled 'til they died instead of waiting
> for the Singularity.  Same results, short and long
> term, as far as they're concerned.
> 
> > At worst, I could copy myself and have 1 of me work
> > to pay off t he
> > loans....hmmmm
> > Opinions?
> 
> Copying yourself isn't much different in that aspect
> from devoting part (timewise) of one of you to working
> and another part of the same one to studying, as per
> your current plan.  It does give you a larger pool to
> divvy up, though, allowing more study and more work.
> It also presents the problem of re-integration
> afterwards.
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