University students face hefty debts once study is finished
UNIVERSITY life is often painted as a fairly relaxed existence but for many it remains a challenge to support themselves while they are studying.
A recent Universities Australia study found full-time undergraduates now leave university with an estimated total debt of $37,217, a figure that has increased by 30% since 2006.
The average personal debt of a student rose from $28,861 in 2006 to the current figure of $37,217.
CQUniversity Gladstone bachelor of learning management for primary age students first-year student Trina Hartley said she expected to finish her degree with a significant debt.
"I'm in my first year of a four-year degree and I expect I'll finish with anywhere between a $15,000 to $25,000 debt," Ms Hartley said.
"I don't expect I'll pay it off quickly; I'll have it (HECS debt) for a while once I graduate."
Ms Hartley still supported the current system; she would rather deal with her debt after she had finished university.
"It's a lot better knowing it's sitting there and not having to pay the debt off as I go," she said.
The 17-year-old worked part-time while studying, and said it was sometimes tough to maintain the balance.
"It is a bit tough but the uni offers us time management plans and estimates of work required, which helps," she said.