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The Latest Breaking News from HECS

'I'll Be Paying Off the Debt For The Rest Of My Life': Teacher Frustrated With Australia's Student Loan System

Student debt in Australia soars due to indexation, leaving grads like Alicia worried & struggling to repay loans despite having good jobs.

International Business Times UK

HECS and home loans: the hurdle for university students

'Home ownership might be difficult or just out of reach.'

Newcastle Herald

A big change is coming for higher education funding. What would a ‘hard cap’ on domestic places mean for students and unis?

Back in February, the Universities Accord final report recommended major changes to university funding.

The Conversation

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read the most diverse news in one place.

63% Of Young People Fear They Won’t Be Able To Get A Job Without A University Degree

A survey has highlighted how Gen Z feels pressured to go to university instead of travelling, due to fears for their future.

Pedestrian.tv

Reform call as student debt hiked by thousands of bucks

Those with student debts will have their outstanding amount increased due to indexation but changes to the scheme will reduce the balance later this year.

AAP

Australian federal budget 2024: what we know so far and what to expect

Treasurer Jim Chalmers has promised more cost-of-living relief in his 14 May budget as well as spending for students and health

The Guardian - AU

Budget sneak peek predicts higher wages and tax breaks – but no increase for Australians on jobseeker

Government dampens hopes for an increase to jobseeker, despite pressure from economists, social justice groups and equality advocates

The Guardian - AU

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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

The Guardian - AU

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

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

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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

Pedestrian.tv

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.

The Conversation

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.

Newcastle Herald

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.'

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The Conversation

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”.

Pedestrian.tv

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.

The Guardian - AU

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

Pedestrian.tv

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.

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

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