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Politics

Andrew Brown

MYSTERIOUS: Hecs debts lump students with future mortgage misery | Mind Blowing Facts

HECS David Koch CompareMarket Greens

HECS debts cast a long shadow on the future borrowing power for some students, figures show. (Paul Miller/AAP PHOTOS)

As political parties squabble over wiping university student debt, new figures show paying off a HECS loan may impact graduates' borrowing power for a mortgage by almost $100,000.

Research from Compare the Market revealed a university student paying off an average HECS debt of almost $26,500 had a reduced borrowing capacity of $95,900 on a salary of $125,000.

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