The Latest Breaking News from HECS

Impact of $16 billion HECS debt cut 'kind of invisible'

A plan to reduce student debt for millions of Australians will help, but an economist says the impact will be relatively marginal.

AAP · Nov 4, 2024

Mixed response to Labor pledge of student debt relief

The opposition and student union have criticised Labor's pledge to cut student debts by 20 per cent, but universities backed efforts to make the system fairer.

AAP · Nov 3, 2024

HECS cut to help fix 'intergenerational unfairness': PM

The federal government has unveiled plans to cut HECS debt by one-fifth for university students if it wins the next election.

AAP · Nov 2, 2024

'I'll Be Paying Off the Debt For The Rest Of My Life': Teacher Frustrated With Australia's Student Loan System

Student debt in Australia soars due to indexation, leaving grads like Alicia worried & struggling to repay loans despite having good jobs.

International Business Times UK · Jul 23, 2024

A big change is coming for higher education funding. What would a ‘hard cap’ on domestic places mean for students and unis?

Back in February, the Universities Accord final report recommended major changes to university funding.

The Conversation · Jun 21, 2024

63% Of Young People Fear They Won’t Be Able To Get A Job Without A University Degree

A survey has highlighted how Gen Z feels pressured to go to university instead of travelling, due to fears for their future.

Pedestrian.tv · Jun 5, 2024

Reform call as student debt hiked by thousands of bucks

Those with student debts will have their outstanding amount increased due to indexation but changes to the scheme will reduce the balance later this year.

AAP · May 31, 2024

Australian federal budget 2024: what we know so far and what to expect

Treasurer Jim Chalmers has promised more cost-of-living relief in his 14 May budget as well as spending for students and health

The Guardian - AU · May 9, 2024

Budget sneak peek predicts higher wages and tax breaks – but no increase for Australians on jobseeker

Government dampens hopes for an increase to jobseeker, despite pressure from economists, social justice groups and equality advocates

The Guardian - AU · May 8, 2024

Labor to wipe $3bn from Hecs and Help debts through indexation changes

Measure to ensure student debts can’t outpace wage growth by retrospectively capping indexation rate for loans

The Guardian - AU · May 4, 2024