Repayment thresholds for university degrees will be cut by $13,000 as part of plans to overhaul higher education.

 

From JULY next year, students will be required to start paying back HECS-HELP loans once their income level exceeds of $42,000 per year.

 

That's down from the existing level of around $55,000.

 

Andrew Norton, Higher Education Program Director at the Grattan Institute joins Michael McLaren to break down what these changes mean for students and taxpayers.

Repayment thresholds for university degrees will be cut by $13,000 as part of plans to overhaul higher education.
&nbsp;
From JULY next year, students will be required to start paying back HECS-HELP loans once their income level exceeds of $42,000 per year.
&nbsp;
That's down from the existing level of around $55,000.
&nbsp;
Andrew Norton,&nbsp;Higher Education Program Director at the Grattan Institute joins Michael McLaren to break down what these changes mean for students and taxpayers.

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