Hecs debt will be reduced by 20% for university students under a government proposal should Labor win the next election
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Slashing the Hecs debts of millions of university students will be a major boost for young Australians, the education minister says, as the federal government seeks a reset by targeting younger voters.
The government has indicated it will take 20% off students debts, which would apply to $16bn worth of loans, if Labor wins the next election.
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