Major debt relief is just weeks away for millions of Australians with the federal government revealing exactly when Aussies with student debt will see it significantly reduced.
More than three million Australians carry a HECS or HELP (Higher Education Loan Program) debt, paying back their cost of a university education through automatic deductions from their salary.
“We promised we would cut your student debt by 20 per cent, and we are delivering. This is a big deal for three million Australians,” federal education minister Jason Clare said in a statement.
“Just out of uni, just getting started, this is…