How HECS became a debt trap
May 2, 2023
19 min
948
Full
1,031 of 2,041
Episode 948 · May 2, 2023
How HECS became a debt trap
0:00 / 19:27
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The Messy Conservatives Episodes Around May 2, 2023
Episode 1,031 of 2,041 — walk the feed in the order it was published.
19:27This episodeHow HECS became a debt trap
Summary
<p>If you went to university, there’s an increasing likelihood you could be carrying HECS debt for several decades.</p><p>There are now more than 300,000 people carrying HECS into their 50s — six times more people than just over 15 years ago.</p><p>And, this June, HECS debts are set to rise again at a historic pace.</p><p>Today, senior reporter for <em>The Saturday Paper </em>Rick Morton on how HECS went from a promise of opportunity to threatening a generation with a debt spiral.</p><p><br /></p><p><strong>Socials: </strong>Stay in touch with us on <a href="http://www.twitter.com/7ampodcast">Twitter</a> and <a href="http://www.instagram.com/7ampodcast">Instagram</a></p><p><strong>Guest:</strong> Senior reporter for <em>The Saturday Paper</em>, Rick Morton.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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