KEY POINTS
- There must be changes to the way student loans are increased, Teal MPs say.
- It comes as the government mulls changes following a report into Australia’s higher education system.
- The government is considering recommendations to make the system fairer, the education minister says.
Federal Teal MPs want changes to the way higher education loans are hiked, saying the existing system is unfair.
More than 2.9 million Australians have a HELP debt, such as , with the average debt about $26,500, according to the most recent Australian Taxation Office data.
These debts increase each year based on indexation, calculated when the March quarter inflation figures are released. Debate on the issue was hot last year when inflation for the period…
