Until now, student debt in Australia has been relatively modest, with low repayment rates, low indexation and high repayment thresholds. This wonât be the case if the government proceeds with changes mooted in the recent budget, including higher fees and higher interest on debts. Australia will move to a student debt model similar to the US, so this is a good place to look at the effects that large levels of debt have on young graduates.
The ages 11 through 14 years are often referred to as early adolescence. These years are an exciting time of many varied and rapid changes. Your child grows taller and stronger and also starts to feel and think in more mature ways. You may feel amazed as you watch your child begin to turn into an adult.
On a fairly regular basis I am asked by a divorced parent how old their child must be before they can choose which parent they want to live with. Many parents tell me their child will be 12 years old, 13 years old, 14 years old soon and will be able to make their own decisions. They appear to be uniformly surprised to learn that a minor child does not have the legal right to decide which parent to live with.