Hecs loans repayment threshold should drop to $42,000, report says

Grattan Institute recommends dropping threshold from $54,000 to $42,000 to save budget $500m, and finds ‘unscrupulous providers’ contribute to $10bn debt.

Default rates on government education loans have increased after a massive uptake of loans for vocational education and training, including courses pushed by “unscrupulous…

Source: Hecs loans repayment threshold should drop to $42,000, report says | Australia news | The Guardian