The Latest Breaking News from HECS

Calls to reform Australia’s student debt scheme as loan holders face ‘deeply unjust’ 7.1% rise

Millions of Australians face a hike in their Help and Hecs loans when indexation is added on 1 June, the highest increase in decades

The Guardian - AU · Apr 26, 2023

‘It’s perverse’: how Australia’s student loan scheme traps graduates in a debt spiral

Hit with a record high indexation rate, many young people don’t see how they will ever make a dent in their Help debt

The Guardian - AU · Apr 25, 2023

'Discouraging' increase looming for student debts

More than three million Australians who have a student debt will need to pay off even bigger loans when balances are indexed in the coming months.

AAP · Apr 21, 2023

HECS-HELP indexation is forecast to be higher this year. Is it still a 'good debt'?

Student debts are expected to go up by 7 per cent on June 1. If you've got a higher education debt, here's what you need to know.

ABC News · Apr 12, 2023

Growing calls for student HECS-HELP loan indexation to be abolished as inflation sends debts soaring

A growing chorus of university graduates is calling for an overhaul of the HECS-HELP debt system, as loan amounts balloon due to high inflation.

ABC News · Apr 2, 2023

Drug laws just send cannabis cash to criminals

The first state in Australia to legalise and build the hemp industry will win, writes one contributor.

Newcastle Herald · Mar 14, 2023

Economist blames rising inflation on COVID-19 policies, as woman tells Q+A she can no longer afford university

A young Australian tells Q+A she has been forced to forego her education due to the spiralling cost of living, opening the door for economist Gigi Foster to blame COVID-era government policy for rising inflation in Australia.

ABC News · Mar 13, 2023

How HECS and HELP debts have helped entrench women's economic disadvantage

It has been more than 30 years since the HECS system widened access to tertiary education. But after a number of changes over the years, there is concern about inequity between men and women.

ABC News · Mar 3, 2023

HECS-HELP loans have become unfair for women but there is a way to fix this

The federal government is currently contemplating the biggest overhaul of higher education in a generation. A discussion paper for the Universities Accord, released last week, is asking for suggestions about “what the system should look like in 30 years’ time”.

The Conversation · Mar 3, 2023

Graduates exposed: Why your HECS debt could be going up

It's time to think about the debt we set and forget. University graduates have just seen the largest debt indexation in 32 years.

Newcastle Herald · Jan 25, 2023