A New Kind of HECS Adventure for Grown-Ups and Little Ones

Once upon a time, in a big place where grown-ups go to learn, they had to borrow some invisible coins to pay for their learning adventure. Imagine having a piggy bank that you couldn’t shake because the coins were magic and only grown-ups could see them. But, the number of coins got a little bit more every year because of a sneaky spell called ‘indexation’. Now, some smart leaders decided that it was time to change the spell so that the piggy bank wouldn’t get heavier as fast. They chose two different spells and picked the one that was lighter. 🐷✨🎓 If you had this piggy bank and gave back all the coins you borrowed, you might find some extra coins appearing as if by magic! But if the piggy bank was still a bit heavy, it would suddenly feel a bit lighter. Isn’t that neat? And all the grown-ups had to do was wait for the magic to work, without needing to do anything! The moral to the story is that sometimes, changes can help make big challenges a little lighter.

Source:
https://www.abc.net.au/news/2024-11-27/hecs-help-student-dept-indexation-changes-wpi-cpi-credit-refund/104651460