HECS-HELP Debts & Home Loan Borrowing Power

There are a lot of people with a lot of Higher Education Loan Program (HELP) and Higher Education Contribution Scheme (HECS) debt in Australia. According to the Australian Tax Office (ATO), there were roughly 2.93 million people with outstanding HELP debts in the 2023-24 financial year – totalling more than $81.4 billion. The good news…