Students would save $3bn over a decade if Labor changed Hecs indexation date by five months

Exclusive: Costings commissioned by independent MP Monique Ryan show possible savings for university graduates, as Hecs debts increase by $1bn on MondayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastUniversity graduates would save more than $3bn over a decade if the government changed the date of indexation on Hecs debts, dubbed a “broken system” in its current form by independent MP Monique Ryan.About 3 million students and graduates will see their Hecs debts increase by a combined $1bn on Monday, when they are indexed by 2.8%. Continue reading...