Australia to slash A$16 billion off student debt amid cost of living pressures

United States News News

Australia to slash A$16 billion off student debt amid cost of living pressures
United States Latest News,United States Headlines
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Australia to slash A$16 billion off student debt amid cost of living pressures

SYDNEY - Australian Prime Minister Anthony Albanese said on Sunday that his government planned to cut student loans for around three million Australians by 20%, wiping around A$16 billion in debts.

"This will help everyone with a student debt right now, whilst we work hard to deliver a better deal for every student in the years ahead," Albanese said in a statement announcing the cut to student loans for tertiary education. The government said it already planned to cut the amount that Australians with a student debt have to repay per year and raise the threshold to start repayments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Post office raising prices up to $16 a package, announces important deadlinesPost office raising prices up to $16 a package, announces important deadlinesIt will cost you more to send mail this holiday season. And here's when you need to make sure your packages are in the mail.
Read more »

I’m Ditching My Boring Jeans for Hollywood’s Go-To Leg-Elongating Style—From $16I’m Ditching My Boring Jeans for Hollywood’s Go-To Leg-Elongating Style—From $16Jennifer Lopez and Reese Witherspoon wore bootcut and flare jeans. The leg-lengthening jeans are on sale at Amazon following October Prime Day. Shop elongating styles from Levi’s, Lee, and more, starting at $16.
Read more »

Anthropologie Just Launched Its Holiday Shop, and Festive Kitchen Finds Start at $16Anthropologie Just Launched Its Holiday Shop, and Festive Kitchen Finds Start at $16Anthropologie’s holiday shop is filled with festive kitchen finds from $16, including Icon Juice Glasses decorated with snowmen and drink stirrers shaped like candy canes. Shop the launch quickly because the pieces have a bad habit of selling out.
Read more »

East Palestine gets $16 million federal grant to build public safety centerEast Palestine gets $16 million federal grant to build public safety centerIt will host its fire, emergency services, and police departments, along with its 911 call center
Read more »

Lume’s Whole Body Deodorant Is Down to $16 During Prime Big Deal DaysLume’s Whole Body Deodorant Is Down to $16 During Prime Big Deal DaysLume's Whole Body Deodorant prevents order anywhere, including the armpits, feet, private parts and more.
Read more »

Taylor Swift’s Viral Glitter Freckles Are Only $16 on AmazonTaylor Swift’s Viral Glitter Freckles Are Only $16 on AmazonTaylor Swift seemingly wore these freckle makeup patches from Fazit, a TikTok viral brand, which can be shopped here on Amazon Prime.
Read more »



Render Time: 2025-02-22 03:59:21