Monologues By Hasi

This Is Why I'm Not Paying My Student Loans Off Early (HECS/HELP/VET Loans)

Episode Summary

On June 1st 2023 student loans in Australia (HECS/HELP/VET) we're indexed (increased) at the consumer price index which was 7.1% (versus 3.9% in June 2022 and 0.6% in June 2021) leading to a barrage of social and news media post regarding the implications for current and past students with student loans. In this episode I discuss why I'm not paying off my student loans (currently at $47,191.24 as at 18th June 2023) despite having the means to do so. Disclaimer: It's important to note that the information and opinions provided in this podcast episode are based on personal experiences and perspectives. Listeners should consult with financial professionals or relevant experts to make informed decisions