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The Latest Breaking News from HELP

The Greens want to cancel all student debt – but this will not make uni education ‘free’

The Australian Greens have long argued tertiary students shouldn’t pay tuition charges. This means they want to see HECS – now called HELP – abolished.

The Conversation

No, the HELP debt cuts aren’t good policy — here’s eight reasons why

This government has an embarrassing obsession with imitating the Biden administration.

Crikey

University fees to be set by new commission as Labor urged to reverse Scott Morrison’s price hikes

Anthony Albanese hits out at Coalition MP who got a ‘free education’ but is now ‘lecturing people they can’t have their debt reduced’

The Guardian - AU

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What happens if you have a HELP debt and kids? The missed opportunity in Labor’s plan to fix student loans

The Albanese government has announced several significant changes to student loans to start in mid-2025.

The Conversation

Labor’s Election Promise To Slash Student Debt By 20%: What You Need To Know

Aussies who owe $27,600 on their HECS / HELP debt — the national average — could see a cut of more than $5,000.

Pedestrian.tv

Albanese flags radical changes to student debt – with a 20% overall cut and drop in payment rates

Over the weekend, the Albanese government announced radical changes to student loans, which would kick in after the next federal election.

The Conversation

Calls to bring forward PM's plans for student loan help

The prime minister wants to recalibrate Labor's agenda following controversy, pitching student loan help at graduates juggling cost-of-living pressures.

AAP

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Albanese promises changes to HELP repayment arrangements to ease cost of living

People repaying HELP student debts would get cost-of-living relief under changes to repayment arrangements to be announced by Prime Minister Anthony Albanese on Sunday.

The Conversation

'Understand' uni debt before knocking back home loan

Banks are being urged to "understand" a person's university debt when deciding on a home loan application, as people are struggling to obtain loans.

AAP

Novo Nordisk CEO takes aim at U.S. health system in Ozempic testimony

Novo Nordisk's CEO said the complexities of the U.S. healtchare system prevented access to $1,349 Wegovy.

Fortune

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

Amazon Prime Day causes an 'outrageous level' of workplace injuries, says Bernie Sanders

“Amazon should be the safest place to work in America, not one of the most dangerous,” Sanders spokesperson says.

Fortune

“One of the most important Beatles guitars ever to come to the auction block”: John Lennon’s lost Help! Framus 12-string has become one of the most expensive guitars to ever sell at auction

The influential instrument was found in an attic after 50 years, and tipped to oust Kurt Cobain's $6m Martin D-18e in the record books

Guitar World

The 13 Electorates With The Highest Total HELP Debts In Australia Have Been Revealed

Data from the Parliamentary Library has revealed which of the 11 federal electorates have the highest total HELP debts in Australia.

Pedestrian.tv

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Crikey

No budget pathway for Labor’s ambition for higher education — and $50k arts degrees are here to stay

Labor’s budget lays down some important markers for higher education. But many of the most important decisions have been kicked down the road.

Crikey

Inflation pushes student debts up despite repayments

Analysis of taxpayer data sheds light on who actually benefits from the government’s new HELP policy.

Newcastle Herald

University welcomes paid placements and debt relief for Newcastle students

Work placement students will be eligible for $319.50 each week.

Crikey

What’s in the budget? Here’s what we know so far

Jim Chalmers hopes for a second surplus, but says there’s no need to fear ‘scorched earth austerity’.

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news in one place.

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The Guardian - AU

Help and Hecs debt calculator: see how the changes to indexation could affect you

This interactive calculator estimates how much you might receive as a credit once the Australian government’s changes to education debt are legislated

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.

The Guardian - AU

Help to Buy: Labor promises to ‘open the door of home ownership’ – but does the contentious scheme stack up?

The Albanese government faces a political fight as the Greens and Coalition have already shared their distaste for the idea – for different reasons

Crikey

Australia’s student debt crisis will linger if education is seen as a private benefit, not public good

It’s clear governments don’t want to pay for higher education, with expansion of the university sector paid for by students and their families.

Guitar World

“We thought it was lost forever. This could be the guitar that sets a new world record”: John Lennon’s missing Help! Framus acoustic has been found in an attic after 50 years – and it could become one of the most expensive guitars ever sold

The 12-string acoustic guitar was used on a number of classic Beatles tracks, and is tipped to rival Kurt Cobain’s $6m Martin D-18e when it hits the auction block next month

The Guardian - AU

Hecs help is on the way – but is it too little, too late to help struggling students?

Labor’s solution to spiralling debts would’ve worked a treat if it had been in place for the past two years. Now it may make no difference

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