A few years ago you finished high school and diligently headed straight to university where you took advantage of the Higher Education Loan Program (HELP). Once uni was over, you took a job and worked hard for a few years, but the lure of overseas work called. Or perhaps, you were an apprentice and took out a Trade Support Loan (TSL) to help with the cost of your tools and study, saved hard and now wanted to head overseas to try your luck for a year or two.
Previously, the fact you had a student debt when you left the country didnt matter. Sure, the debt would increase by CPI for every year you were away, but when you returned (if you returned), you could simply start paying it again with any taxable earnings after you reached the r…
Read the full article at: http://www.watoday.com.au/money/tax/what-you-need-to-know-about-your-student-debt-before-heading-overseas-20180430-p4zcf7.html
