Cohorts of young Australians have been told they have to study longer, work harder, eschew avocado and marry better if they want the chance to buy a home of their own.
Nearly 2.5 million people owed the Australian government almost $49 billion in HELP debts in 2015-16. The average student debt in 2016-17 had risen to $19,100, and took almost nine years to repay.
But in the US, where fees are less regulated and student debt is approaching $1.5 trillion, some students are being “offered” a new college fee financing technique known as “income sharing”…
Read the full article at: http://www.abc.net.au/news/2018-09-03/solving-the-student-debt-crisis-with-the-human-stock-exchange/10167910