How will HELP debts and student loans change after the election?
No matter who wins, university students are likely to end up paying more, as the Grattan Institute’s Andrew Norton explains.
Whichever party wins the 2 July election, changes to the Higher Education Loan Programme (HELP) scheme are on their way.
Both parties support lowering the threshold for starting repayment, although by different amounts. Both would abolish HELP debt reductions for some teaching and nursing graduates. But the Liberals are floating more radical ideas for fixing HELP’s financial problems.
The May budget estimated HELP’s 2016-17 costs at $…
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