The consumer price index determines how much HECS-HELP and all other student debt increase under the annual indexation that takes place on June 1.
Finder has estimated indexation will be 4.75 per cent, while fellow financial comparison site Mozo has put the figure at 4.7 per cent. Under any of those scenarios, someone with the average Australian student debt of $26,494 will owe an extra $1245 or more on June 1.
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