Laws to cut debts for university students and graduates are expected to be waved through parliament, saving people hundreds of dollars a year in repayments.
Federal Education Minister Jason Clare said legislation to slash HECS debts by 20 per cent and increase income thresholds before minimum repayments kick in will make the system fairer.
“It means you start paying off your uni degree when uni starts to pay off for you,” he said while introducing the bill to the House of Representatives on Wednesday.
It is the first bill the Albanese government put before parliament at the start of its second term.
People earning…