Labor Promises To Slash Student Debt If Its Wins Next Election [Video]

In a bid to win over young voters, the Labor government has promised to slash student debt by 20 per cent if it wins the next federal election. Here’s what this could mean for folks who are struggling with paying back their student loans, as well as Aussie voters who are looking to make an informed decision.

Prime Minister Anthony Albanese announced the student cut pledge last week, which would see $16 million in student debt wiped for around three million Aussies.

“I will always fight for every young Australian to have access to a good education. My Government will make sure our education system is fairer and affordable for every Australian and we won’t delay unwinding the damage caused by the former Coalition Government,” Albanese said.

“This will help everyone with student debt right now, whilst we work hard to deliver a better deal for every student in the years …