The news today that HECS debts are set to increase by 4.8 percent on 1 June will send chills down the spines of the 2.9 million Australians with a HECS debt.
After months of pressure in which more than 270,000 people have signed one of the largest petitions in Australian history, it is good to see the Prime Minister and the Treasurer kick into gear and suggest they will make HECS debts easier to pay off.