Outstanding debts will be automatically credited, and those who paid them off after 2023 will get a cash refund ‘soon’.
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Simple solution to spiralling student debt
Australia’s student debt regime is being labelled a “broken system” sparking “debt spirals” as $1bn is added to HECS debts on Monday. The annual increase benchmark has already been lowered by this ...
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Push for major HECS rule change as millions of Aussies face $1 billion hit today: 'Broken system'
Three million Aussies will see their student debt rise today as part of the government’s annual indexation. HECS-HELP loans get indexed every year on June 1, and there are calls for a major change to ...
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