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AAP

Politics

Maeve Bannister

'Discouraging' increase looming for student debts

The total value of Australian HECS loans is set to increase by $4.5 billion on June 1. (Dean Lewins/AAP PHOTOS) (AAP)

University graduates with student debt are facing a significant increase to what they owe, as the high rate of inflation bites balances.

But a Greens push to address the looming hike by abolishing indexation, effectively freezing student debt, will be rejected by the federal government.

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