- Olivia Fitzpatrick, 29, has $7,000 in student debt in Australia, but she’s not too worried about it.
- Under the repayment system, she doesn’t have to pay the loans until she reaches a certain income.
- But Australian student-debt balances are growing due to the rising cost of living in the country.
This story is part of a series called “Millennial World,” which seeks to examine the state of the generation around the globe.
In the US, it’s common for Americans to have six-figure student-debt burdens. In Australia, that hasn’t been the norm.
Olivia Fitzpatrick, 29, has just over 10,000 Australian dollars,…
Read the full article at: https://www.businessinsider.com/australia-student-debt-millennial-loan-payments-2023-6