The consumer price index fell 1.9 per cent in the June quarter, which could be good for people with study debts –but not so much many will notice

The (Commonwealth) Parliamentary Library’s Hazel Ferguson and Gregory O’Brien explain how HELP debts are indexed annually on June 1. So for debts to decline there would need to be three further quarters of CPI decline, or rises not greater than the June figure. This “would see student loan debts shrink slightly.”  Unless of course there is a recession and deflation kicks in, which could mean bigger problems for graduates who lose their jobs than a drop in study debt would answer.