Aussie Students Dive Into Pockets to Beat HECS Interest Rise

Aussie Students Dive Into Pockets to Beat HECS Interest Rise
Students walk around Sydney University in Sydney, Australia, on April 6, 2016. Brendon Thorne/Getty Images
AAP
By AAP
Updated:

University students raced to fork out more money to pay off their student debts to try to beat a deadline for a rise in Higher Education Contribution Scheme (HECS) interest.

More than three million Australians have been slugged with a 7.1 percent rise in their HECS debts after indexation was applied on June 1.