More than three million Australians about to receive 20 per cent student debt cut
More than 3 million Australians will have their student debt cut by 20 per cent by the end of next week, wiping almost $16 billion in total.
Today alone, more than 1.5 million Australians will see their student debts cut by 20 per cent. That’s around half of all people with a student debt.
It continues the ATO’s roll out of the Albanese Labor Government’s cut to student debt.
For someone with the average HELP debt of $27,600 this will see around $5,520 wiped from their debt.



