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Your HECS debt will get $923 bigger in June - here’s why

On June 1, your HECS-HELP debt is going to get bigger.

Your HECS debt will get $923 bigger in June - here’s why
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That’s because the Higher Education Loan Program (HELP) (previously known as HECS), is tied to inflation, which has been surging over the past few months.

In the March 2022 quarter, Australia got a nasty surprise when the consumer price index (CPI) rose 2.1 per cent and 5.1 per cent annually - a much bigger increase than expected.

Read more at Yahoo Finance

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