Hecs help is on the way – but is it too little, too late to help struggling students?

‘The only problem with the government’s preferred [indexation] solution? It may not actually restrain the growth of students’ debts.’ Photograph: Dean Lewins/AAP

Last week there was good news for struggling students and recent graduates saddled with sizeable student debts.

The prime minister, Anthony Albanese, in an outing on FM Radio, acknowledged there was “a range of areas where we need to do much better with the younger generation … and Hecs [the Higher Education Contribution Scheme] is one of them”.