@abcnewsaus: Time is running out for 3 million Australian uni graduates to slash their student debts before the federal government’s multi-billion-dollar indexing bonanza. If you pay by June 1 you could save thousands. But is this possible for many people? Video via ABC Brisbane. #ABCNews #HECS #Student #Australia #University #StudentDebt #CostOfLiving #Inflation

ABC News Australia
ABC News Australia
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Region: AU
Wednesday 24 May 2023 01:33:32 GMT
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mineeeeeeari
mineeeeeeee :
‘i’m struggling to pay rent and get groceries’ and immediately after it’s PAY UR HECS DEBT
2023-05-24 11:44:49
1239
ruby_spradley
Ruby_Spradley :
What do you mean pay some of it right now? I have $20 to my name
2023-05-24 04:38:01
803
lilac_rose03
G :
It’s giving “just buy a house so you don’t have to rent”
2023-05-24 14:48:44
805
evster_21
Evelyn Gocher :
I can safely say that, I can’t pay off $56,000 in a week… i don’t even earn that in a year 😂
2023-05-24 04:00:45
696
kodaktayla
taytay :
this is so tone deaf it’s crazy
2023-05-25 19:39:45
741
emlaird22
Emily Laird :
Can’t see my taxable income going over $47,000 anywhere in the near future babes
2023-05-24 03:53:54
130
izzy.samuels3
Izzy_samuels03 :
I just paid $20 😀
2023-05-24 05:26:21
53
veebsy
Veebsy :
I could pay off my hecs but it would mean using all the savings I’ve put aside to buy a house over the last 4 years- what are we supposed to do?
2023-05-24 03:54:06
225
adawks
adawks :
Does the ABC think everyone else is getting a 10% pay rise too? 🤔
2023-05-24 13:08:48
317
bnzrmrky
bzbz 🌈 :
“Could you pay off your HECS faster?” “No, I’m struggling to get by right now.” “… you should be paying off your HECS faster”
2023-05-24 14:40:30
374
no1southroadlover
MAX🪸 :
i cant even afford my rent
2023-05-24 03:05:20
91
amyrobertson656
Amy :
I made voluntary repayments all of last year, and those don’t even cover the new indexing 😭
2023-05-24 02:46:56
67
deanpopofficial
Dean 🇦🇺 :
HELP debt? Changed name 20 years ago… 😳
2023-05-24 04:49:10
4
perslh02
perslh02 :
I hear people say don’t pay it off. Unfortunately, if you don’t give your employer your hecs debt, the tax man takes it for you at tax time 😬
2023-05-24 16:41:05
2
idontevenwantanaccount
T :
Nah that debt goes to the grave. They can keep getting the $29 a week from me, not a cent more
2023-05-25 16:31:00
30
elfiaudio
Elfi :
So pay it off before they raise the price unnecessarily? Forced poverty
2023-05-24 21:40:52
52
ejaine98
Elli 🪩💌✨🏠 :
I have no monies tho
2023-05-24 05:54:33
4
ekeesharathnayake
Ekeesha Rathnayake :
Uq represent 😤
2023-05-24 09:21:59
3
naomiplus6
Naomi :
We are just trying to pay the bills to live right now.
2023-05-24 01:53:26
272
jack123ss
Jack123s :
She’s not paying back her parents 😂. My partner will have to use her super to pay the rest off when she retires!
2023-05-24 01:52:51
258
kitty_kat_yea
Kat.D :
A bit tone deaf abc
2023-05-24 23:52:43
117
nathanmccarron0
Nathan’s Art :
Government is a joke for this! Punish the future leaders okay…😂😂
2023-05-24 13:02:19
51
evangeline9797
Evie :
ABC can get stuffed 😂
2023-05-24 21:28:30
41
rain.finder
Rain :
Ma’am I skipped 2/3 meals today because I don’t have money. Will $3 pay off my loan?
2023-05-25 13:13:56
38
sophie__mb
sophie :
I’m at over $140k…. Not gonna move from that number for a long time if ever now
2023-05-24 04:35:18
30
maingorlloz
#1 gorl :
ah yes my $100 in savings will make a big dent in my $45k
2023-05-24 05:38:52
25
hernameistori17
Tori :
When I can barely afford to live now??? Nah I’ll take that debt with me to the grave
2023-05-24 10:41:57
25
tiarnedickson
ED Teacher :
Not paying it on purpose anytime in my life that debt will be with me until I die
2023-05-24 06:31:29
20
countryrose241
Country rose :
How do you get blood from a stone?
2023-05-24 02:48:12
14
700dollarsheinhaul
callum :
we have a hecs debt because we can’t afford to pay upfront
2023-05-25 00:21:45
14
kay_cor97
KayCo :
Just graduated Med Science - I can’t afford to pay 40k hecs. Plus rent, support a disabled parent ect before June 1st. That’s more then 1/2 my yearly
2023-05-24 07:06:45
13
dennikarose
Dennika Rose :
I've been paying $10 a week and whatever else comes from my pay, and it's gone up more than what I've paid so far 🫠
2023-05-24 09:07:21
13
mellamiee
mel 🇵🇸🇨🇩 :
no. thanks for the suggestion though!! 👍🏻
2023-05-24 09:00:07
11
charlotteharding80
Charlotte Harding :
When we can’t afford to live with a roof over our heads how are we expected to pay back 10s of thousands?
2023-05-24 07:51:55
8
mercadies15
mercadies1520 :
Yeah there’s a reason people got the loan, they already didn’t have the money its a lot of money
2023-05-24 02:24:53
8
user1812330722
🐝 :
my hecs is at 60k and i’m 3/5 year and i earn 15k a year… yeah i can def pay it off
2023-05-24 11:18:57
7
yourmumsamicrowave
yourmumsamicrowave :
Yeah the UQQQQ
2023-05-24 06:40:52
6
laura_3280
Laura :
Even if I pay the $1000 off my debt that I can afford I will still get indexed more than that so it’s not worth it
2023-05-26 00:29:09
5
trippiiaus
trippiiaus :
“We don’t have any money and we can barely afford to live” THERES ONE THING YOU CAN DO, LOG IN AND PAY IT OFF 🤠
2023-05-24 09:49:03
4
dominiquecoral
Dominique Coral :
Aaaah yes. All the spare cash after my mortgage and bills will certainly make a good nudge on the $50k of HECS. Why didn’t I think of this sooner? 🧐
2023-05-24 22:25:01
4
hotcatlady001
hotcatlady001 :
My TWO degrees can’t even get me a permanent role. Everything is temp/contract now
2023-05-24 11:21:30
4
byimogenn
BYIMOGEN :
Raise you’re hand if you’ve ever been victimised by HECS🙋🏾‍♀️
2023-05-24 10:55:54
4
millibug.ink
Milli | tattoo artist :
Yeah don’t we all just have a few thousand bucks laying around 🤪
2023-05-25 23:45:24
4
cubact
cubact :
There is one thing you can do, that is come from inherited wealth and family with investment properties in a country that has no inheritance tax 😡
2023-05-24 07:30:15
4
soggyeyes
soggyeyes :
Tone deaf. If I could pay a hecs debt off why would I have gotten one in the first place?
2023-05-25 07:05:36
4
arbiters_bane
Arbiter 🇦🇺 :
Ah yes, she's cracked the code, pay some money off. Wow, who could have thought of that. Face first into the point but still miss it.
2023-05-26 06:35:30
3
themoistestyeet
That boi caxim :
Wait so what is changing? Why should we try to pay some off before June 1st?
2023-05-24 04:57:47
3
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