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Degree cost blowouts fuel growing HECS debt

6PR
Article image for Degree cost blowouts fuel growing HECS debt

With a $70 billion HECS debt in Australia, the Labor government is looking to reduce the debt by 20%.
Jack Thrower, a researcher at The Australia Institute, told 6PR’s Gary Adshead that the more pressing issue is the rising cost of degrees.

‘The key driver, as far as we’re concerned, for why HECS is getting out of hand is that degrees are simply much more expensive than they used to be,’ he said.”

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