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Federal Budget 2024-2025: Debt relief for students in the tertiary sector

The Australian government will ‘wipe out’ $3 billion in student debt across the higher education and VET sectors by overhauling the debt indexation measure currently used to determine increases. Students who owe money through HECS-HELP, the VET Student Loan program or Australian Apprenticeship Support Loan will benefit from the changes to indexation. The government continues...