this post was submitted on 09 Jul 2023

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Largest 100 Australian student loan debts revealed (www.news.com.au)

submitted 3 years ago by quasar@aussie.zone to c/australia@aussie.zone

3 comments fedilink hide all child comments

Wow. That’s US levels.

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[–] Knoll0114@lemmy.world 2 points 3 years ago (1 child)

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.

hideshow 2 child comments

[–] w2qw@aussie.zone 4 points 3 years ago (1 child)

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

parent

hideshow 2 child comments

[–] Knoll0114@lemmy.world 1 point 3 years ago

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.

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