CUTTING STUDENT DEBT

CUTTING STUDENT DEBT Main Image

Education changes lives. That’s why we’re backing students, from child care all the way through to uni and TAFE.

Labor has already wiped $3 billion in student debt and made loans fairer into the future. 

But we’ll keep building. A re-elected Labor Government will wipe 20% off everyone’s student debt and reduce the amount you have to pay back each year.

We’ll cut around $5,500 from an average student’s debt, and deliver a permanent boost to take home pay with changes to repayments.

Students would be thousands of dollars worse off under Peter Dutton and the Liberals. They’ve opposed cutting student debt and want you to pay more, sooner.  

Labor believes signing up for uni shouldn’t mean signing up for a lifetime of debt.