Comment Re:Lifers? (Score 1) 597
I expect that you would be eligible for the subsidy for three years, or for your first degree (for long running degrees like medicine, where higher earnings afterwards would make it well worth investing up front in free education).
I also expect that the rate of tax required to fund it (and repay the initial upfront investment) would be more than 3%.
You could also target the free education at courses that are deemed valuable to the country's economic development and future - i.e., sciences, maths, engineering, rather than media studies, equine science and history of art.