When I left school, I applied to Unis and CAEs, and for a Commonwealth Scholarship. The only option in the end was fee paying at a CAE, which neither I or my parents could afford. I went to TAFE instead.
Turn the clock forward 15 years, and the scholarship system was gone and I could get a "free" education (ie someone else paid for it). This was the first de-regulation, where CAEs became Unis, and the beginning of a new approach to Tertiary Ed.
So off to Uni I went at 34yo, and received a humble BA as an external student. After some pushing I went on to a Masters, just as HECS came in so had a debt. I was working full time throughout my Uni studies and the HECS was paid off as I incurred it.
Being a glutton for punishment I went to evening classes at USyd for a Grad Dip. This one was full fee paying up front, but the fees were tax deductible so the government paid about 40%.
The point of this? Well I guess I paid for about half my Uni studies, although of course that is silly as my fees were never enough to cover the cost of my education. Ignoring all the other demands on the Fed Treasury like Health, how do we construct a Tertiary Education system that is sustainable, requires a contribution form the beneficiaries of a University education, and ensure that entry is available not just to those with the appropriate scores, but also to the disadvantaged (or in my case lazy) students who did not meet entry standards straight out of school.
Its not simple, and the current system is not sustainable. We want everyone who so wishes to have the chance of a uni education, and we don't want to burden them with excessive debt. We don't want to penalise the low-paid/part-time participants, we don't want to seize the debt from their estate, we just seem to want it all to happen somehow.
The thing about Commonwealth Scholarships, removed under Dawkins, was that they "rationed" places. We now have an un-rationed system, unregulated fees and a huge unpaid HECS/HELP debt. Don't see a way out of it myself that won't leave many people unhappy.