The average HECS/HELP debt of people in their 20s has grown much faster than inflation
5,000
10,000
15,000
20,000
25,000
30,000
$35,000
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
2020-21
2021-22
2022-23
$12,557
$0
$12,929
$568
$13,364
$1,140
$13,781
$1,791
$14,101
$2,272
$14,539
$2,736
$14,874
$3,323
$15,213
$3,878
$15,626
$4,680
$15,893
$5,733
$16,113
$6,881
$16,388
$7,633
$16,704
$9,360
$16,979
$9,991
$17,206
$9,775
$17,485
$10,056
$18,263
$10,876
$19,546
$11,218
Debt if rising with inflation
Actual debt
