According to Harrison Brennan, who is studying an Arts degree, Albo's plan to wipe out 20 percent of HECS-HELP for students doing their (worthless, in my opinion) degrees, does not even move the needle: "Students and graduates are feeling the pinch. We've been battered by an unrelenting cost-of-living crisis, with rents, grocery prices and energy bills all climbing faster than our wages and student welfare payments. The financial stress and anxiety of today is compounded by the worries of tomorrow as we students stare at the swelling mass that is our Hecs-Help debt."
The big argument is that a generation of boomers, including Albo and Gillard, got their degrees for free. So how is that fair? Well, it is not. But rather than exempting today's students from these fees, I say make the old boomers pay, and with interest too. Albo who bought a luxury home worth $4.3 million should be able to afford to pay for his degree, apparently an economics degree from the University of Sydney in 1984. That gives 40 years of interest to make up! Maybe he could sell the beach front home to pay off his HECS-HELP debt?