Prime Minister Anthony Albanese campaigned on the promise to forgive $16 billion in student debt.
Now Labor has won the 2025 federal election and Australians want to know when those student debt cuts are going to come into effect.
From July 1, the newly re-elected Albanese Labor government will slash a further 20 per cent off all student loan debts.
It has also vowed to lift the minimum threshold for repayments by more than $10,000 a year, from about $54,000 to $67,000.
These reductions will see about $16 billion in debt wiped across HELP, VET Student Loan,…