Australian Greens Party calls for abolishing student debt indexation, citing potential 16% surge in debt.

The Australian Greens Party has renewed its call for abolishing indexation on student debts following new analysis, which projects student HECS debt will rise by 4.2 to 4.8% on June 1 due to indexation. If indexation is not altered, student debts could surge by 16% or $12.3 billion. The Greens argue that the current indexation process is unfair to Australians who did not attend university and whose taxes are paying for these degrees.

April 17, 2024
18 Articles