Australia wipes AU$16 billion off student loans, targeting cost of living relief
Australia’s Prime Minister Anthony Albanese. Photo: MIKE BOWERS / AFP Australia’s parliament on Thursday passed a law to cut student loans by 20 percent, wiping more than AU$16 billion (NZ$17.4 billion) in debt for 3 million people, and fulfilling a key election promise to help mitigate the rising cost of living. The law is the…






