If you’re like most Aussies who studied beyond school, you would have taken out a government student loan to fund your university degree or vocational training. There are 2.7 million Aussies with debts from their higher education study and more than 200,000 of them have a debt balance of over $50,000.
As big as this amount might seem, it’s nothing to be ashamed of. Having student debt means you have invested in yourself and how you can contribute to the world through your work. It’s important to consider what this debt has given you and what it means to your long-term