Uni Fee Repayment Threshold Slashed
Repayment thresholds for university degrees will be cut by $13,000 as part of plans to overhaul higher education.
From JulyY next year, students will be required to start paying back HECS-HELP loans once their income level exceeds of $42,000 per year.
That’s down from the existing level of around $55,000.
Andrew Norton, Higher Education Program Director at the Grattan Institute joins Michael McLaren to break down what these changes mean for students and taxpayers.
Download this podcast here