MPs consider chasing student debt after death A push for unpaid student loans to be recovered from deceased estates is gaining momentum with Federal MPs from both major parties calling for more to be done to reduce the billions of dollars in higher education debt racked up each year. Unlike most social security and tax debts, unpaid student loans are written off at death, costing Australian taxpayers billions of dollars a year.
As of June 30 last year, only $35.9 billion out of total student debt of $55.4 billion is expected to be repaid to the Commonwealth. WA Liberal MP Ben Morton and Victorian Labor MP Julian Hill are spearheading the call for change, saying there is a strong policy case to look at recovering student debts from certain estates.
