Universities Australia, which represents Australia’s 39 biggest universities, has backed some of the Federal Government’s proposed changes to the Higher Education Loan Program (HELP), calling for the reduction of repayment thresholds, increases in repayment rates, and stricter debt recovery rules. From The Canberra Times:
Universities Australia does back a further lowering in the HECS repayment threshold, which was last year reduced from an annual income of $54,126 to $50,600, and requiring high income graduates to pay back their loans faster.
