‘Education is a public good’: New Greens bill to scrap student debt indexation
If inflation remains at 7.8 per cent by 1 June next year, the average student debt will increase by $1847.
If inflation remains at 7.8 per cent by 1 June next year, the average student debt will increase by $1847.
The union’s motion to increase their wage claim to the CPI plus 2.5 per cent per year responds to skyrocketing costs of living.
Student loans are indexed to the consumer price index, which has seen substantial inflation this year.