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The Latest Breaking News from HECS

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.

The Conversation · Nov 7, 2023

Journalism students explore why they're 'paying so much' for education

'The more we started to research, the more we realised the bigger the issue is.'

Newcastle Herald · Nov 1, 2023

Tumult and transformation: the story of Australian universities over the past 30 years

The Universities Accord has been billed as a once-in-a-generation opportunity to “reimagine” Australian higher education and plan for the future over a “30-year horizon”.

The Conversation · Oct 29, 2023

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A Quick Explainer On What The HECS Is Going On With The New Repayment Threshold

The ATO has announced a new HECS-HELP repayment threshold meaning changes to what you'll have to repay this financial year.

Pedestrian.tv · Aug 24, 2023

From Aukus to tax cuts: six things to watch for at Labor’s national conference

Expect a ‘little bit of a bizarro world’ with the policy fights largely already settled, one insider says. Still, some debates will be worth watching

The Guardian - AU · Aug 16, 2023

Calculating How Much HECS Debt Barbie Would Have If She Studied For All Of Her Jobs In Aus

Might have to wait a few more years for that Dreamhouse.

Pedestrian.tv · Jul 24, 2023

Ask the Expert: HELP debt? What to consider and prioritise when paying off uni fees

Many students’ HELP debt is rising fast even if they are making repayments. For those that have a debt, here are a few things to consider.

The New Daily · Jun 25, 2023

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Crossbench welcomes Labor review of student loan ‘quirk’ that added hundreds to debts

Education minister stands by three-decade high indexation rate of 7.1% but acknowledges need for minor reforms amid backlash

The Guardian - AU · Jun 3, 2023

Afternoon Update: minimum wage rises; education minister looks at Hecs debt changes; and a glitzy royal wedding

The annual wage review decision indicates the minimum wages will increase to $882.80 per week or $23.23 per hour

The Guardian - AU · Jun 2, 2023

HELP: Inflation brings shock rise to student loans

The Education Minister says the formula used to adjust student loan balances for inflation will be considered in a review of higher education.

The New Daily · Jun 1, 2023

Jason Clare says going to university ‘makes you money’ as he defends 7% indexation rise in student loans

Education minister says if he were to freeze indexation, it would cost taxpayers who might not have a degree

The Guardian - AU · Jun 1, 2023

HECS-HELP loans will be indexed today. Check how much your loan will increase with our calculator

All HECS-HELP loans will increase by 7.1 per cent today.

ABC News · May 31, 2023

Student debt indexation to have lifelong impacts on Australians' borrowing capacity

For the past decade, student debts have increased by about 2 per cent a year on average, but tomorrow they will rise by a massive 7.1 per cent. The consequences of increased debt will affect graduates for decades.

ABC News · May 30, 2023

Last day for grads to dodge huge HECS debt hike

Australians are being urged to pay off as much student debt as they can ahead of May 25, before rising inflation causes HELP loan balances to skyrocket.

AAP · May 24, 2023

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ABC News · May 23, 2023

Thinking of paying off your HECS debt before indexation? The ATO says you better do it today

More than 3 million Australians will have their HECS-HELP debts indexed at 7.1 per cent come June 1.

ABC News · May 21, 2023

As June 1 indexing approaches, Australian university graduates are bracing for increased HECS/HELP debts

Time is running out for millions of university graduates to slash their HECS debts before they increase by 7 per cent.

Newcastle Herald · May 10, 2023

'The perfect storm': What the budget means for Newcastle graduates

'For our region, we've got excessive growth in housing cost, relatively low wages and high indexation.'

The Guardian - AU · May 9, 2023

From boomers to Gen Z: how the federal budget affects the generations

Younger Australians feared the budget would further entrench generational inequality. Four Guardian Australia reporters reflect on what it offers their age group

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ABC News · May 9, 2023

Queensland Police look to poach new recruits from interstate and overseas

In an effort to bolster Queensland's police numbers, a new recruitment drive will offer a "significant increase" in wages and help you pay off some of your HECS debt.

The Conversation · May 9, 2023

HECS for farmers? Nature repair loans could help biodiversity recover – and boost farm productivity

Almost three billion hectares of farmland is in poor condition worldwide – an area the size of Russia. Biodiversity is in freefall. Extinctions are rising. Wild animal populations have fallen almost 70% since 1970.

The Guardian - AU · May 8, 2023

MPs push to ease student debt burdens as record Help loan indexation looms

Proposal to abolish indexation projected to cost up to $1.3bn as MPs and students say higher education loan scheme is ‘no longer fit for purpose’

Pedestrian.tv · May 4, 2023

I Got My Numbers Boyfriend To Explain Exactly Why HELP Debts Are Increasing By 7.1%

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…

ABC News · May 3, 2023

A 'carrot and stick' approach to university degrees isn't deterring students from studying humanities despite higher fees, academics say

Brought in to funnel students into degrees that would address Australia's skill shortages, the Job Ready Graduate package slashed the student contribution of some degrees while hiking others, but enrolments in the arts is still popular, universities claim.

The Guardian - AU · May 3, 2023

Millions of Australians face higher Help and Hecs debts: see how inflation will change your student loan repayments

See how indexation affects a higher education debt over 10 years using actual payment thresholds

The Guardian - AU · Apr 26, 2023

Afternoon Update: calls grow for government to ease student debt; Singapore executes man over cannabis; and Ardern off to Harvard

Independent MP Zoe Daniel joins Coalition in calling for Labor to freeze the Hecs indexation

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