Hecs Debts Wiped

3 Billion in HECS Debt to be Wiped Out

Millions of Australians with student loans will benefit

The federal government has announced it will wipe 3 billion from Australians HECS-HELP debt. The government will eliminate 3 billion in HECS debt by capping the student loan indexation rate. The federal government will cut around 3bn in student debts through a key change to the Hecs and Help. The federal government has announced it will wipe 3 billion of HECS debt for millions of Australians. Almost 3 billion of student debt to be wiped in federal budget. The policy will be backdated to June 1 2023 which means last years 71 per cent indexation will be lowered to the. Almost 74 million wiped from thousands of Aussie HECSHELP debts..