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The average HECs student debt is now $26,500 and rising rapidly. Once upon an inflation-free time HECs hardly mattered, now it matters a lot. Worse still, the way HECs is managed by the government is antiquated and unfair to former students. Meanwhile, banks use the debt to reduce your borrowing capacity. No wonder there is a push to change the process.
In today's show we cover:
Advisor James Wrigley of First Financial joins wealth editor James Kirby in this episode.
See omnystudio.com/listener for privacy information.
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The average HECs student debt is now $26,500 and rising rapidly. Once upon an inflation-free time HECs hardly mattered, now it matters a lot. Worse still, the way HECs is managed by the government is antiquated and unfair to former students. Meanwhile, banks use the debt to reduce your borrowing capacity. No wonder there is a push to change the process.
In today's show we cover:
Advisor James Wrigley of First Financial joins wealth editor James Kirby in this episode.
See omnystudio.com/listener for privacy information.
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