Student debt relief measures are anticipated in Australias 14 May federal budget, after prime minister Anthony Albanese acknowledged shortcomings in the Higher Education Loan Programme (Help).
Speaking on the Hit radio network, Mr Albanese said the government was examining the Australian Universities Accords recommendations to reform the student loan scheme informally known as Hecs and would be making announcements pretty soon.
Asked whether high debt repayments were discouraging university participation, Mr Albanese said the accord panel had produced ideas to make the system simpler and fairer.
Theres a range of areas where we need to do much better with the younger generation basically, and Hecs is one of them, he told programme host…
Read the full article at: https://www.timeshighereducation.com/news/graduate-debt-relief-expected-australian-budget