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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

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

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

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University graduates to save $680 a year, on average, as Albanese announces increase to Hecs threshold

PM to announce change that would see minimum debt repayment threshold lifted from $54,000 to $67,000 from next financial year

The Guardian - AU

Liberals will give $100k towards HECS for GPs who commit to working in ACT

GPs would also work at walk-in centres if the party is elected.

The Canberra Times

How A $16 'Buy Now, Pay Later' Debt Blocked A Woman From Getting A Home Loan Despite $100k Savings

Lou, a final-year student working full-time in the tech sector, had to pay off her $16 outstanding BNPL debt and $38,000 in HECS student loans before securing a mortgage.

International Business Times UK

The Government Introduced A New HECS Bill Today, Here’s How It Could Help Lower Your Debt

The government introduced a bill to change HECS debt calculations, aiming to wipe $3 billion HELP debt. Here's how it'll impact you.

Pedestrian.tv

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Uni changes to rule out large HECS rises: minister

University students will get an average of $1200 cut in their HECS debt under indexation changes brought to federal parliament.

AAP

'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

HECS and home loans: the hurdle for university students

'Home ownership might be difficult or just out of reach.'

Newcastle Herald

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

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

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

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

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The Guardian - AU

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

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

AAP

Relief for students with $3b of HECS debt eliminated

About $3 billion worth of student debt will be wiped for more than three million Australians struggling through the cost-of-living crisis.

AAP

Calls to cap student debt indexation after latest rise

University student debt will rise by 4.7 per cent from June, sparking calls for indexation to be capped.

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AAP

'Untenable' student debt hikes by thousands of dollars

The average student with about $26,500 in HECS debts will owe the government more than $1250 extra due to indexation.

AAP

Albanese hints at changes to student debt indexation

A shake-up of university student loan repayments is on the cards as new research points to a sharp rise in annual indexation from June.

The Guardian - AU

Labor looks to ease Hecs burden as student debts set to grow more than 4%

The prime minister says ‘we need to do much better for the younger generation’

The Guardian - AU

Education minister hints at relief on student Hecs debt and university course fee changes

Jason Clare responds to the launch of a major review of Australia’s tertiary sector

The Guardian - AU

Education ministers unite to demand Albanese government fix teacher shortages

Six states and territories co-write letter calling for waiving of Hecs debt for teachers, more supported university places and more scholarships for students

Pedestrian.tv

Here’s Why A Record Number Of Aussie High School Students Are Choosing Not To Go To Uni

The number of school students applying for university has plummeted to the lowest rate in a decade, the University Admissions Centre says.

The Conversation

Only 1.5% of students swapped fields due to the 'Job-ready Graduates' fee changes

In January 2021, the Morrison government changed the way university fees are set with the Job-ready Graduates scheme.

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