University graduates set to be ‘slugged’ with increase in student debt

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Sky News host Jenna Clarke says three million university graduates are set to be slugged with a $4.5bn increase in student debt this year, as the federal government pockets a windfall from high indexa­tion.

 

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While the welfare for the rich pocketed $265b in the Stage 3 tax cuts. Gives you some scale doesn't it, dumb Sky News proving PK's point again.

Based on the behavior of these students, they didn’t get much of an education anyway.

Sing it louder. Many people don’t pay it off so it just builds up as bad debt.. Those that do, are being punished for bad monetary policy. It’s not OK. Not only that, but we pay all year, and they don’t take that off the final balance before applying indexation. Illegal in banks.

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