Wednesday, May 21, 2008

Sport HECS

Bruce Chapman, the economist behind HECS, wants a similar scheme for sport stars:

MILLIONAIRE sports stars such as Lleyton Hewitt, Shane Warne and Mark Viduka would be forced to pay back the cost of their government-sponsored training under plans for a dramatic expansion of the HECS system.

The architect of the Higher Education Contribution Scheme, economist Bruce Chapman, is urging the Rudd Government to expand it to the training of top athletes, as well as drought relief for farmers and even the payment of court fines.

Professor Chapman, who is hosting a conference on expanding income-contingent loans in August, said athletes should contribute to their training when they went on to make millions.......

My only comment is why hasn't it been done sooner?

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