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HECS changes to see $3 billion in student debt 'wiped out'
(www.abc.net.au)
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Being clear: nobody is getting their debt "wiped out". This isn't a debt forgiveness that you missed out on by already having paid your loan off. The HECS indexation last year resulted in unfair loan interest of 7.1% being applied to debts for 2023. HECS was never intended to do that to people. The "wipe out" is an adjustment of this interest only for last year.