A Greens policy would wipe all HECS debt for university students in a $74 billion proposal. The minor party on Monday unveiled the plan to wipe all student debt for uni students for cost-of-living relief, but one Labor MP described the plan as the Greens at their "absolute worst".
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00:00Today, the Greens are announcing our plan to wipe all student debt and to unshackle
00:07three million people from skyrocketing student debt.
00:11Under the Greens' plan, someone earning an average income and having an average debt
00:16of $27,600 will save $5,500 a year.
00:25Wiping all student debt will mean that people have more money in their pockets.
00:30An average medical student does five to seven years of a degree with undergrad and postgrad,
00:36so around the minimum student HECS debt is around $70,000 currently, so 20% of that is
00:43a start, but there's still a massive amount of debt that students are carrying out for
00:49years and years afterwards.