Article 6RYCD Student debt relief will make ‘massive difference’ for young Australians, education minister says

Student debt relief will make ‘massive difference’ for young Australians, education minister says

by
Australian Associated Press
from World news | The Guardian on (#6RYCD)

Hecs debt will be reduced by 20% for university students under a government proposal should Labor win the next election

Slashing the Hecs debts of millions of university students will be a major boost for young Australians, the education minister says, as the federal government seeks a reset by targeting younger voters.

The government has indicated it will take 20% off students debts, which would apply to $16bn worth of loans, if Labor wins the next election.

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