HECS: hastening our demographic winter*

The Federal Government’s plan to lower the threshold at which university students pay back Higher Education Loan Program (HELP) debts, formerly known as HECS debts, will only exacerbate the cost of living pressures and prevent a large portion of the thus indebted generation from buying a house, getting married and starting a family.

 

Unlike the good old days of free tertiary education, students are now being saddled with large debts for undertaking courses, some costing in excess…

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