Home | Analysis | The good news is the government plans to cancel $3 billion in student debt. The bad news is indexation will still be high
Professor in the Practice of Higher Education Policy at ANU and sector commentator Andrew Norton isn't convinced students are better off under the new HECS-HELP repayment scheme. Picture: Supplied

The good news is the government plans to cancel $3 billion in student debt. The bad news is indexation will still be high

Every year on June 1, student debt in Australia is indexed to inflation. In 2023, high inflation pushed the indexation rate to 7.1%, the highest since 1990.

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