by Jett Eagleson | Jun 20, 2024 | Govt & Politics, News
The Federal Government’s annual budget has outlined Labor’s plan to cut more than $3 billion worth of Higher Education Loan Program (HELP) debt and restructure the way student support loans are indexed. The proposed change would cap the yearly HELP indexation at the...
by Clemency McRae | May 23, 2024 | Govt & Politics, News
Australian students have been heavily impacted by the budget as a range of introduced initiatives are set to benefit those in the higher education system. Following the Australian Universities Accord report produced in February, the new budget focuses on the issues of...
by Eleanor Bailey | May 8, 2024 | Govt & Politics, News
University of Wollongong students have felt a financial weight lifted after changes were announced to HECS-Help indexation. Following the 2023 indexation spike of 7.1%, tertiary students were preparing for a 4.7% increase this year when looking at the Consumer Price...
by Angelina Sokolsky | Mar 27, 2024 | Govt & Politics, News
An independent MP’s petition to make HECS fairer for university students has attracted almost 220,000 signatures in under two weeks. Member for Kooyong Monique Ryan launched the petition 12 days ago and it already has 216,000 signatures. The petition proposes to...
by Tobias Kruys | Jun 2, 2023 | Feature, News
As of June 1, the indexation (cost of living) will be added to the student Higher Education Loan Program (HELP) debt, hitting 7.1 per cent, the highest rise in more than 30 years. During the 2020-2021 financial year, there were 2.9 million people with outstanding HELP...