Labor’s new bill would cut HELP loans by 20%. But it also risks locking some graduates into a ‘debt treadmill’
- Written by Andrew Norton, Professor of Higher Education Policy, Monash University
The Albanese government’s 20% cut to student debt is the first bill introduced to the new federal parliament. It is clever politics.
In the government’s first term, the 3 million Australians with a student debt turned high indexation of their loan balances into a major issue. The proposed 20% cut flipped a political negative into a...
Daily Bulletin
