Saturday 2 November 2013

Alarming Debt - for the nation and individuals

This 2011 article refers to 20 billion dollar HECS debt, "The public HECS debt is currently $20 billion and more than a fifth of it is unlikely to be repaid". - See more at: http://www.theaustralian.com.au/opinion/editorials/hecs-discount-promotes-thrift/story-e6frg71x-1226050743668#sthash.s4rSA8mC.dpuf 
The NTEU estimate the HELP debt is increasing by 12 million dollars a day. NTEU clock show an accumulated debt of almost $35,000,000,000.

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