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ABC News
ABC News
Business
political reporter Chantelle Al-Khouri

Education minister open to changes on how indexation applies to HECS-HELP debt

HELP Jason Clare Greens Labor Mehreen Faruqi
More than 3 million people have seen their HECS-HELP debts rise. (AAP: Lukas Coch)

Federal Education Minister Jason Clare has left the door open for changes to how HECS-HELP debts are paid back, including how indexation is applied to the original debt.

More than 3 million Australians saw their student debt rise with inflation on Thursday as an indexation of 7.1 per cent was applied to the debts.

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