Educational Working Capital

When you think about it, HECS (the Australian higher education contribution scheme) is just a working capital loan from the government to students.

Was ever the word ‘working’ in working capital more descriptive?

There’s an opportunity to export HECS into Asia.

That is, apart from pushing vocational training into Asia we could export this working capital finance into Asia.

It’s needed because one of the major barriers to the adoption of vocational training in many parts of Asia is the pay-as-you-learn model. Many simply don’t have the funds.

Imagine having millions of people eternally grateful to the Australian people? It could profitable to boot. And it would expand the market substantially.