Recent CPI figures show that education costs are driving up inflation. Repayment of HECS/HELP loans is tied to indexation. The government announced changes on Sunday that will cut the indexation of HECS and HELP. Millions of students across Australia will save $1,200 on their debt repayments as part of measures to reduce the cost of living.
In summary, the cost of education will fall and the CPI figures will fall in the coming months.
Recent CPI figures show that education costs are driving up...
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