Are student loans too big?
Australia’s approach to student loans differs greatly from the US, where debt often reaches USD $37,693 and can take 20 years to repay. In Australia, most students owe between $20,000 and $45,000, repaid in around 8 years on average. The HECS-HELP system allows eligible students to cover tuition, with repayments starting at an income threshold […]
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