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submitted 4 months ago by veroxii@aussie.zone to c/australia@aussie.zone
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[-] Nath@aussie.zone 2 points 4 months ago

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.

this post was submitted on 04 May 2024
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