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ABC News
ABC News
Business

Freezing HECS-HELP indexation won't put more money in your pocket in the short term

Changes to the student loan scheme won't ease cost-of-living pressures in the short term, according to the architect of HECS.  (ABC News: Brendan Esposito)

The architect of the HECS-HELP system says misinformation is creating anxiety in the community about the effect of inflation on student debt. 

Emeritus Professor Bruce Chapman has moved to reassure those nervous about the level of indexation that will be applied to their HECS-HELP debts in June. 

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