Tag: "student loan"
Australia wipes $10 billion off student loans, targeting cost of living relief

Australia wipes $10 billion off student loans, targeting cost of living relief

World 16:05 31/07/2025

SYDNEY -- Australia’s parliament on Thursday passed a law to cut student loans by 20 percent, wiping more than A$16 billion ($10.31 billion) in debt for three million people, and fulfilling a key election promise to help mitigate the rising cost of living.