Im a student at the moment. I have a B.Sc(sustainable environments) majoring in Land and Water Conservation. I'm currently doing a B.Sc honours degree, with about 4.5 months left to write my thesis. I don't have a job at the moment...I can't really fit it in...I'm living off my savings and the pitiful social security student allowance the government gives out to full-time students living away from home to study (what sucks I reckon is its way less than what dole bludgers get on the dole...what the?)
When I finish completely in June I'm doing a bit of walking/rogaine setting, for about 6 weeks, then hopefully I'll start working somewhere, likely contracts for a while. I'm trying to tee something up at the moment doing research and field work.
Then I'll probably start a Phd in 2009 or 2010.
Luckily in Australia as an Australian citizen I don't have to worry about Uni fees...the government pays it all up-front, and part of it goes onto a government student loan debt called HECS-HELP. Basically its about $6k per year for me for my Science degrees. You don't have to pay it off until you start earning a minimum amount (about $35k/annum at the moment I think), and its taken out at about 2% as an extra tax, and increases slightly depending on your wage/salary. The debt is indexed with inflation, but it has no interest, so there isn't much point really in trying to pay it off extra fast, as you are better off investing money instead. If you are working overseas and not paying tax to Australia you don't have to pay it off anyway.
So, along with free health care, schooling, the dole, freedom of speech, democracy, etc, we have it pretty good in Australia!