HELP should I pay off my HECS debt early?
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HELP should I pay off my HECS debt early?
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Your HECS-HELP debt is attracting indexation of 7.1% on June 1 and you want to know whether you should pay it off early right? You and everyone else!
In today's episode I talk through some of the reasons for and against making voluntary payments and answer community questions about their student debt.
Today we cover:
- What actually is HECS-HELP debt and how it works
- Reasons for making early voluntary contributions
- Reasons against making early voluntary contributions
- Q&A about HECS-HELP
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