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The Latest Breaking News from HECS

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.

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

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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.

AAP

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

The Guardian - AU

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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.

Pedestrian.tv

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

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

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

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

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

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

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The New Daily

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 Guardian - AU

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

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 New Daily

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.

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The Guardian - AU

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

ABC News

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

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.

AAP

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.

ABC News

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

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

'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.'

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