Thousands of students are set to get their HECS debts partially wiped after a records error, with both current and former higher education students caught up in the mistake.
The Department of Education has identified a number of students who did not have their loan records correctly transferred to their Australian Taxation Office (ATO) student loan accounts due to missing information.
This week, The Daily Aus reported that a combined $5.4 million in fees added through indexation would be wiped from the debts of more than 13,000 people across 104 educational institutions.
The missing information that sparked the records error primarily relates to missing student Tax File Numbers and errors linked to the application of the upfront loan discou…
Read the full article at: https://www.news.com.au/finance/money/millions-of-dollars-to-be-wiped-from-aussie-hecshelp-debts/news-story/57f268f11df883bc1ac682acc88e2dc2