Student loans repayment bill passes Parliament

The Parliament has passed the Higher Education Support Legislation Amendment (Student Loan Sustainability) Bill 2018.

Aug 29, 2018

Under the bill, new repayment thresholds will apply for Higher Education Loan Program (HELP) debts, with those thresholds linked to the consumer price index. The Senate agreed to amendments—changes—to the bill, which would require students to begin repaying their HELP debt when they earn $45 880.