Indexation changes to wipe $3 billion from student loans from spdji index Watch Video

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✓ Published: 05-May-2024
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Australians with student loans will have hundreds of dollars wiped from their HECS debts by indexation changes in the upcoming federal budget. President of the national union of students, Ngaire Bogemann says while the changes are welcome, the fine print needs to be examined.

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Australians with student loans will have hundreds of dollars wiped from their HECS debts by indexation changes in the upcoming federal budget. President of the national union of students, Ngaire Bogemann says while the changes are welcome, the fine print needs to be examined.
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Millions of Australians with student loans will have hundreds of dollars wiped from their HECS debts as the federal government's cost-of-living relief in the upcoming budget. The move is part of indexation changes that are being back dated to counter last year's record rise.
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