6 HECS (now known as HELP) is a government loan to assist students meet fees for courses in higher education. The Bank of Mum & Dad – intergenerational transfers and first-time. . . 7 funded age pension at 65 years of age, and in almost all cases the initial entry into homeownership...
Student Debt.President Obama’s plan is a legitimate step, but needs to go further. Under his plan, income-based repayment is not available to everybody, consolidation opportunities remain limited, private loan debt is not considered, interest rates are scheduled to increase dramatically, and stude...
Guideline:Know the percentage you’ll pay based on your income. If you earn between $47,014 and $81,620, expect to pay 1-5% of your taxable income. Take action:If you’re an employee, put your annual tax return to your HELP-HECS debt. Create a separate bank account and put 2-5%...