HECS Decoded: Budget Impact on Student Debt
from The Swanston Explainer Hosted by The Swanston Explainer
The 2025 Federal Budget will cut all outstanding HELP student debts by 20%, providing immediate relief to around 3 million Australians and addressing mounting frustration over rising indexation and the cost-of-living crisis. While many welcome the change, critics argue it leaves deeper issues-like high university fees and repayment thresholds-unresolved and has sparked backlash from those who already paid off their loans. Host: Zara Selmani Reporting: Max Ecuyer Producer: Sid Caulfield Series Producer: Louis Harrison Executive Producer: Kate Arnott
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