Tags » HECS

15% universal loan fee for HECS/HELP

The Grattan Institute released a report calling for a universal 15% loan fee to be added when student incur a higher education HECS/HELP liability.  Reasoning behind a 15% loan fee is that it would go towards offsetting the interest-rate subsidy students receive as a result of their HECS/HELP liability being indexed at the rate of CPI ( 872 more words

Education Policy

Why I ignore my student debt

Whilst our US buddies are straddled with high-interest student loans, Australia is mildly lucky that the government provides ‘interest-free’ loans for higher education (IT SHOULD BE FREE!). 277 more words

To HECS or Not To HECS - that is the Debt Snowball question!

This a question that has plagued many an Aussie Dave Ramsey follower.

Should I include my HECS / Fee-HELP debt into my Debt Snowball?

According to Dave, all non-mortgage debt is to be paid off in BS2 (Baby Step 2 – “Pay off all your debt expect the house”) 419 more words

Debt Payoff

Now HECS census date has come and gone

That’s it now. HECS census date, March 31st, has come and gone. I am financially committed to the course units I am currently enrolled in. No turning back, no turning back without financial disincentives. 695 more words


HECS ‘cash grab’ would hurt those already doing it tough

Government considers a suggestion to call in university debts from low-income graduates.

Published: The New Daily, 31/03/16


The Price of Self Education

Everyone loves discussing University prices and HECS debt and University fees in Australia. I personally don’t want to think of my HECS debt because it will be ridiculous even as the prices stand today. 1,017 more words