Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025

Bill Human rights nan

Date: 23rd Jul, 2025 Source: Parliament of Australia Country: Australia Original Source

Brief

"The Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025" has been passed by the Parliament of Australia on 23/07/2025. This bill amends the Higher Education Support Act 2003 and other Acts to provide a one-off 20% reduction to Higher Education Loan Program debts and certain student loans incurred before June 1, 2025. The bill also increases the minimum repayment threshold from $54,435 to $67,000, affecting compulsory student loan repayments calculated on income above this new threshold.

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Parliament of Australia

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Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025

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Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025

Brief

Parliament of Australia

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