Largest 100 Australian student loan debts revealed

https://www.news.com.au/finance/money/largest-100-australian-student-loan-debts-revealed/news-story/d5b520659ed95ead9e8f0dc1916211d9

Wow. That’s US levels.

10 points · 3 comments · view on lemmy.world

3 Comments

Knoll0114@lemmy.world · 2 pts · 3y (2 replies)

Probably medical degrees etc. However, if I were to do a masters in CS it would be 70k so my total debt would be up to something like 110k. Thus, if I do a masters it will be a cheap US-based one I can cashflow because that's just a stupid amount of debt.

w2qw@aussie.zone · 4 pts · 3y (1 reply)

IIRC these were from people who had done multiple degrees before there were limits.

Knoll0114@lemmy.world · 1 pts · 3y

You're probably right - the inflation rates were low for a long time so to get that high from indexation on a 100k loan would be pretty unlikely.