Australia wipes $10 billion off student loans, targeting cost of living relief

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SYDNEY (Reuters) -Australia’s parliament on Thursday passed a law to cut student loans by 20%, wiping more than A$16 billion ($10.31 billion) in debt for 3 million people, and fulfilling a key election promise to help mitigate the rising cost of living. Read full story

Date: 31 July, 2025 11:02 am
Source: thestar.com.my

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