by Jasmine Gulaj | Jun 16, 2024 | Feature, Govt & Politics, News
The Australian Government will cut $3 billion worth of student debt for more than three million Australians in an effort to ease cost of living pressures. In the release of the Federal Budget earlier this month, the Government announced its commitment to cap the...
by Lily Anderson | May 15, 2024 | Arts/Lifestyle/Culture, News
Australian students have received positive news last week about their Higher Education Loan Program debts. A total of $3 billion would be cut nationwide for students that have a HELP loan. Education Minister, Jason Clare, announced on Sunday that the government would...
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...
by Julia Del Bianco | May 26, 2023 | Govt & Politics, News
People with HECS-Help loans have been encouraged to make payments by today to avoid an indexation rise on June 1. The Australian Tax Office has advised that the loans will increase by 7.1 per cent in accordance with the Consumer Price Index (CPI), a month before the...
by Jeremy Eager | May 8, 2023 | Feature, News
How much do you know about indexation? Our reporter Jeremy Eager is here to explain what it is and how it affects HECS debts each...
