Why One Australian Chooses Not to Pay Off His HECS Debt

June 23, 2025 - 07:27

Noah Capozza, an Australian with a staggering $60,000 HECS debt, has garnered attention for his unconventional approach to managing student loans. Instead of prioritizing the repayment of his debt, Capozza believes in leveraging his financial situation to create opportunities for himself. He argues that rather than rushing to eliminate his loans, he can make his money work in his favor, allowing him to invest and grow his wealth in other areas.

Capozza asserts that the current low-interest rates on HECS loans provide a unique advantage, enabling him to focus on building assets rather than being burdened by immediate repayment. He encourages others to think critically about their financial choices, suggesting that the traditional mindset of quickly paying off debt may not always be the best strategy. By prioritizing investments and personal growth, Capozza hopes to inspire a shift in how individuals view and manage their student loans in Australia.