Failing a subject is +EV?

Dootch · #1 10-16-2007, 10:47 AM

So I'm in my 3rd year of uni. To graduate I need to pass 24 subjects. I've passed 19, and I'm doing 3 this semester, so assuming I pass the 3 subjects I'm doing, that leaves 2 subjects to do next year.

Now my predicament is this. If I do 3 subjects next year, I continue to receive Youth allowance, which is $350 a fortnight untill the end of next July. If I only do 2 subjects, the course is classified as part time and the youth allowance would be cut off in November. It costs me $800 to enroll for a subject. This means that I would receive about $4100 extra for failing a subject this semester and being "full time" at uni next year.

My lifestyle would not change a bit regardless of what choice I make.

I'm currently a winning player in 2/4nl and 1/2nl and 10/20 limit with a comfy but not overly huge bankroll. I have no debts but I wouldn't mind the "safety net" of having a steady income stream for when I have a bad couple of months.

What would you guys do in my situation?

buttonpusher · #2 10-16-2007, 11:18 AM

Why not just take the extra class next year regardless?

rivermetimbers · #3 10-16-2007, 11:41 AM

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Why not just take the extra class next year regardless?

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Dootch · #4 10-16-2007, 07:23 PM

it doesnt work like that here. I have to pass 24 and 24 subjects only

Rupert · #5 10-16-2007, 08:50 PM

Explain your situation to someone like a tutor, or whoever pays out the money.

Thythe · #6 10-16-2007, 08:54 PM

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it doesnt work like that here. I have to pass 24 and 24 subjects only

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Worst system ever...do companies or grad schools or whatever see that you failed a course? Does it negatively affect whatever kind of GPA system they use there?

Dootch · #7 10-16-2007, 09:59 PM

Yes companies can see that I failed a course and it affects my average grade, but I live in a country area where demand for jobs I would want to get into is fairly high, and I have other things going for me outside of uni that mean that if I wanted a job I would be able to get one relatively easily.

Also, my grade average is already crappy so it isn't making it a whole lot worse if I fail an extra subject.

PJo336 · #8 10-17-2007, 12:12 AM

sounds to me like youve already made a decision and just want reassurance

Dootch · #9 10-17-2007, 12:17 AM

yep.

Whether I actually go through with it is another thing, to the point where I probably won't make a decision and indecision will make it for me. But since I'm happy either way it doesn't bother me.

Kimbell175113 · #10 10-17-2007, 03:28 AM

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Yes companies can see that I failed a course and it affects my average grade, but I live in a country area where demand for jobs I would want to get into is fairly high, and I have other things going for me outside of uni that mean that if I wanted a job I would be able to get one relatively easily.

Also, my grade average is already crappy so it isn't making it a whole lot worse if I fail an extra subject.

[/ QUOTE ]
And if you tell the companies your reasoning for failing, they may even see it as a plus: you are sharp and you think outside the box, etc.

Ok, maybe not, but it's a possibility.