Three friends on their student debt: one paid off, one chipping away and one creeping up
Three friends who attended university together in 2012 reflect on their divergent financial paths regarding student debt. The article highlights the impact of rising interest rates and policy changes on graduates' long-term financial stability.
Why it matters
It illustrates the real-world consequences of student loan policy shifts and the growing economic anxiety among young professionals.
Image source, Supplied Image caption, Lizzy, Charlotte and Libby studied at the University of Newcastle between 2012 and 2015
Education correspondent Published 28 minutes ago When Lizzy, Libby and Charlotte met as freshers in 2012, their main responsibility was making it to lectures on time after early morning sports practice.
Their student debt, growing with interest from the day they took out their loans, was the last thing on their minds.
"The conversation was just so much less relevant at that time," says Charlotte. "As our careers have gone on and our paths have diverged more and more... those conversations start to come more to the forefront."
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