HECS Debt Explained

Education Examination
Education Examination
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Published 2023-10-06
How does HECS Debt work? What is indexation? Should you pay it early and what happens if you do not?

Time Stamps
* 0:00 Overview of HECS debt
* 0:51 What is HECS debt?
* 2:42 How do repayments work?
* 5:14 Indexation: Ballooning debt
* 12:29 Paying early is helpful. Mostly
* 14:43 Considerations: Deposits and borrowing capacity

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