Hecs debt repayment changes: why more people will be forced to pay off student loans - My News TV

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Monday, July 1, 2019

Hecs debt repayment changes: why more people will be forced to pay off student loans

The income threshold for repaying university fees has dropped to the lowest it has ever been. Here’s what you need to know

On Monday, the Hecs (Higher Education Contribution Scheme) repayment threshold fell to the lowest it has ever been.

From now on, anybody earning over $45,881 a year will have to start repaying their student loans – effective immediately.

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from World news | The Guardian https://ift.tt/2FMDciT

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