student at desk working out loan debt with a clock and graduation cap on the desk
Monday, 23 June 2025 / Published in Articles, Walshs Blog

What’s Happening with the Government’s Promised 20% HECS-HELP Reduction?

You may have seen headlines about the Albanese Government’s promise to slash student debt by 20%—welcome news to many doctors and medical professionals still carrying HECS-HELP balances. But what’s actually happening, and how does it affect your financial plans today?  Let’s break it down.  Has the 20% reduction happened yet? Not yet. But it is