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flag Australian government plans to cut student debt by 20% and raise repayment thresholds, aiding middle-income earners.

flag The Australian government plans to cut student debt by 20% and raise income thresholds for minimum repayments, benefiting graduates earning between $60,000 and $180,000. flag Those earning $70,000 could save up to $1,300 annually. flag The reforms aim to make the Higher Education Contribution Scheme (HECS) fairer. flag The Australian Tertiary Education Commission will review the HECS system over the next 12 months.

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