HECS: how much your debt is increasing by

Key Points More than three million Australians have been hit with an increase to their student loan debt due to indexation. The education minister has told students the increase will drop due to forthcoming legislation. But there have been calls for the government to change indexation so it’s not applied on amounts already repaid. More…

Debt Impacting Your Mental Health? Here’s What to Do About It

For many Americans, debt is more than just a financial issue: it’s a problem with far-reaching health and social implications. Research suggests that rising debt and worries about financial security are related to heightened levels of psychological distress, which in turn leads to adverse health outcomes such as heart disease, immunosuppression, emotional exhaustion and even…