The Higher Education Contribution Scheme (HECS) is an integral part of Australia’s higher education financing system. It allows eligible students to defer their tuition fees and repay them later through the income tax system once their income reaches the HECS repayment threshold. In this article, we will explore the HECS threshold for 2022, how the HELP debt works, and how the ATO Tax Calculator can assist in managing repayments. Understanding these aspects is crucial for students and graduates to effectively manage their student debt while optimizing their financial planning.