When I graduated from Uni i assumed I’d be paying off my HECS debt forever; but I’ve just looked at my tax return from last year and realized I’m going to be paying it off this year! In fact I’ve set aside enough to pay it before they index me in June (I’m self employed so I have to set aside my own tax/hecs). I also have enough to be paying off my husbands HECS debt at the same time. I’m so happy because it means i have more money in my budget after we move into the new house than i thought we would and we won’t have to scrimp so much 🙂 In addition to this my car will be payed off at the end of the year which will mean another $720 freed up a month for us after December. I couldn’t be more thrilled right now.