Almost 3 million Australians have HECS debts: they’ll increase today. Compulsory payments made this year towards that debt won’t be counted before indexation is applied.
We wouldn’t put up with this on our credit cards or home loans. We need to fix HECS.
Exclusive: Costings commissioned by independent MP Monique Ryan show possible savings for university graduates, as Hecs debts increase by $1bn on Monday
