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How HECS became a debt trap

Podcast |: 7am
Publisher |: Schwartz Media
Media Type |: audio
Podknife tags |: Australia,; News & Politics,; Society & Culture
Categories Via RSS |: Daily News,; News
Publication Date |: May 02, 2023
Episode Duration |: 00:21:41

If you went to university, there’s an increasing likelihood you could be carrying HECS debt for several decades. There are now more than 300,000 people carrying HECS into their 50s — six times more people than just over 15 years ago. And, this June, HECS debts are set to rise again at a historic pace. Today, senior reporter for The Saturday Paper Rick Morton on how HECS went from a promise of opportunity to threatening a generation with a debt spiral. Socials: Stay in touch with us on Twitter and Instagram Guest: Senior reporter for The Saturday Paper, Rick Morton.

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