This is a hot topic at the moment especially with the way banks calculate a HECS debt as a liability. Depending on your income threshold, this can impact your borrowing capacity quite significantly. Example: I had a client who is a medical professional with a HECS debt working in the public and private sector. He had the ability to increase his earnings to assist in maximising his borrowing capacity, however in doing so this increased his repayments on his HECS debt due to entering the higher in