The Latest Breaking News from HECS

Students and graduates could pay thousands more as HECS and HELP indexation goes ahead

A Senate inquiry rejects a proposal to freeze indexation on the student loans, meaning they could increase by up to 7 per cent in June.

ABC News · Apr 17, 2023

Australia's HECS-HELP debt has topped $74b. How long does it take the average student to pay theirs off?

Those with some of the country's biggest HECS-HELP debts would be more than 100 years old before even coming close to paying them off without voluntary extra repayments.

ABC News · Apr 14, 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

Very remote teachers to have HECS debt waived, but there's more to teaching than money

Teachers who spend four years in a very remote community can now have their HECS debts waived, but teacher Daniel McLaren says that's not the best reason to do it.

ABC News · Jan 18, 2023

We Asked 3 Graduates Whether They Actually Used Their Degree Or If It Was As Useful As Algebra

We’ve all heard that Ps get degrees, but do degrees get jobs? Are qualifications really worth years of your time (not to mention thousands in HECS debt)?With that in mind, we asked three young Australians each with their “dream job” whether they reckon their time studying got them where they…

Pedestrian.tv · Jan 9, 2023

Stress and mortgage difficulties as inflation sees student HECS and other HELP debts balloon

As inflation rises, Australians with university debts say they're seeing their repayments evaporate and running into difficulties borrowing for mortgages.

ABC News · Nov 14, 2022

It’s never too early – or late – to take control of your finances

Whether just starting out or looking at how investment will affect your pension, there are plenty of tools to help you manage your finances.

The New Daily · Nov 6, 2022

University fees are poised to change – a new system needs to consider how much courses cost and what graduates can earn

One key change to universities under the Morrison government was the Job-ready Graduates program. Starting in 2021, this significantly increased student fees for humanities degrees, slashed them for nursing and teaching, and moved many other courses up and down.

The Conversation · Oct 17, 2022

Great: HECS Debts Have Gotten So Big They’re Now Affecting Our Eligibility For Home Loans

Well it's not like I could afford one anyway!

Pedestrian.tv · Sep 19, 2022

Student loans are getting bigger and hurting Australians’ chances of buying their own home

People who choose to study are carrying larger debts – and for much longer than ever before

The Guardian - AU · Sep 18, 2022