HECS debts. HELP debts. Indexation. Consumer price indexes. INFLATION. Some of us didn’t go to school for maths and numbers, so the mere sight of such mathematical words causes our brains to shut down faster than MilkRun on a Tuesday in April. And so, I called up my engineer boyfriend who is good with taxes and percentages (among other things) to explain why HECS debts are increasing by 7.1 per cent. His brain has creases, we smooth-brained folk can trust people like that.
Strap in folks, I’m going to blitz right through this in a way that even a blind penguin could understand. My mind is simply brimming with boyfriend-borne knowledge. I am but Curious George and The Man In The Yellow Hat has bestowed upon me an intelligence banana. We are NOT leaving this article without understanding HECS debts PERFECTLY.
