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For those who went to university (and weren’t lucky enough to get the government to pay for it), HECS-HELP debt is something you tend to try not to think about, like a particularly unpleasant chore that you’re determined to put off until the very last moment.
And with the average Australian owing $27,500 in student debt (presumably ignoring notable outlier “HECS Debt George” who owes a whopping $737,000), fair enough.
HECS debt is considered a “good debt”, but it can affect your ability to buy a home.Credit:…
