Helen Spurgeon is worried about her son Alex Chambers’ future.
He followed his passion to pursue an arts degree but that’s left him with an enormous HECS debt even as the value of the degree falls.
“$50,000 — that is a lot of money for someone who’s only 21 and that is before the cost of going on to ever buy their own property,” Ms Spurgeon said.
It’s an increasing concern for parents as the cost of some degrees skyrocket and their own HECS debts look paltry compared to those of their children.
Ms Spurgeon completed a masters in accounting just over 10 years ago at a cost of…
