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Australian government plans to cut student debt by 20% and raise repayment thresholds, aiding middle-income earners.
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.
Those earning $70,000 could save up to $1,300 annually.
The reforms aim to make the Higher Education Contribution Scheme (HECS) fairer.
The Australian Tertiary Education Commission will review the HECS system over the next 12 months.
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El gobierno australiano planea reducir la deuda estudiantil en un 20% y elevar los umbrales de reembolso, ayudando a los que tienen ingresos medios.