Misery and Student Debt: The PBO's Costing of the HELP Program

10 Pages Posted: 5 May 2016

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); Centre for Aerospace & Security Studies (CASS)

Date Written: May 3, 2016


At a time when student debts are becoming a source of international concern, particularly in OECD countries, this discussion paper examines the costings of the HELP Education Loan program by Australia’s Parliamentary Budget Office (PBO). It considers the projected ten-fold increase in the underlying cash balance of the HELP loan over the next decade, with the impacts of interest-rate changes and default risks, as calculated by the PBO. The paper considers lessons for policy costing for other PBOs worldwide as well.

Keywords: Student Debt; Student Loans; Parliamentary Budget Office; Public Finance; Education

Suggested Citation

Chohan, Usman W., Misery and Student Debt: The PBO's Costing of the HELP Program (May 3, 2016). Available at SSRN: https://ssrn.com/abstract=2773695 or http://dx.doi.org/10.2139/ssrn.2773695

Usman W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052

Critical Blockchain Research Initiative (CBRI) ( email )

Centre for Aerospace & Security Studies (CASS) ( email )


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