The government’s proposed loan reforms may look promising on the surface, but they leave countless Australians trapped in financial hardship. Raising the income threshold and cutting debts by 20% won’t fix a system that continues to favor the wealthy while crushing everyday Australians with decades of debt.

The reality is alarming.

• 60% of students are drowning in financial stress because of their student loans.
• The average HECS debt is now over $27,000, with many staring down years of repayments.
• 45% of Australians believe the system is rigged for high-income earners, leaving the rest to shoulder an unfair burden.

These changes will let high-income earners reap the rewards while struggling Australians are left behind—paying more, for longer.

We demand that Prime Minister Anthony Albanese and Education Minister Jason Clare:

• Reassess the proposal to ensure it’s truly fair for all.
• Deliver real relief for current students and justice for those who have already repaid.
• Commit to transparency so every borrower knows how these changes will impact them.

We aim to gather 5,000 signatures by July 31, 2024 to push for a fair, just education system that doesn’t trap Australians in endless debt.

Sign now to demand a student loan system that stands for all Australians.