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Why your HECS just went up, not down

The Daily Aus

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Understanding Changes to HECS Indexation and Repayment

This chapter examines the significant alterations to the HECS system, focusing on its evolution into a loan structure and the implications for borrowers. It details the income-based repayment model and the impact of recent indexation, which has led to a 3.2% increase in HECS debts due to inflation.

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