28092 (2024). Hon Barbara Edmonds to the Minister for Tertiary Education and Skills

Written Question

Published date: 14 Jun 2024

Metadata

Document type:	Written Question
Parliament number:	54
Question number:	28092 (2024)
Question asked:	30 May 2024
Member asking:	Hon Barbara Edmonds
Portfolio:	Minister for Tertiary Education and Skills
Minister replying:	Hon Penny Simmonds
Answer received:	10 Jun 2024
Status:	Question Answered
Reply type:	Reply
Document ID:	WQ_28092_2024
Document guid:	291ad734-578e-4204-a136-acc9904fcf70

28092 (2024). Hon Barbara Edmonds to the Minister for Tertiary Education and Skills: What impact, if any, will the student loan change in Taxation (Budget Measures) Bill have on the value of student loan debt?

Hon Penny Simmonds: Increasing the student loan interest rate by one percent for five years from 1 April 2025 will improve the value of the Student Loan Scheme by $20.5 million.