U.S. carries out new strike against alleged drug vessel near Venezuela
The United States killed four people in a strike against a vessel allegedly carrying illegal drugs just off the coast of Venezuela, U.S. Defence Secre...
Australia’s parliament passed legislation on Thursday to cut student loan balances by 20%, providing more than AU$16 billion ($10.31 billion) in debt relief for three million Australians, as part of the government’s efforts to ease cost-of-living pressures.
The law, the first passed since Prime Minister Anthony Albanese’s center-left Labor Party was re-elected in May with a sweeping majority, fulfills a key campaign pledge aimed at addressing rising financial burdens on younger generations.
“We promised cutting student debt would be the first thing we did back in parliament – and that’s exactly what we've done,” Albanese said in a statement. “Getting an education shouldn't mean a lifetime of debt.”
Education Minister Jason Clare said the measure would help relieve financial stress for young Australians.
“Young Australians don't always see something for them on the ballot paper, but they did this year and they voted for it in their millions,” Clare told reporters. “And we're repaying now the trust that these young Australians have placed in us.”
Millennials and Generation Z made up 43% of the 18 million registered voters in May’s general election, surpassing the number of Baby Boomers.
Labor framed the debt cut as a move to address intergenerational inequality and alleviate living costs.
Under the new law, a university graduate with an average student loan of AU$27,600 would have AU$5,520 wiped from their debt.
The changes will be backdated to 1 June, 2025, before a 3.2% indexation for inflation takes effect.
The legislation will also raise the minimum income threshold for loan repayments from AU$54,435 ($35,100) to AU$67,000 ($ 43,200), reducing payment burdens for low-income earners.
Different countries have various approaches to student loans.
As of the end of 2024, the average total student loan debt in the U.S. stood at approximately $38,375 per borrower, based on federal student aid data, just below the federal average of $39,075 noted in early 2025, according to BestColleges.
In England and Wales, student loans are automatically written off after a set period (typically 25 or 30 years, depending on the loan plan). Graduates repaying under income-contingent repayment schemes pay only when their earnings exceed set thresholds, with interest applied differently under each plan. Students in England now graduate with an average debt of £53,000 ($68,3700).
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
The United States killed four people in a strike against a vessel allegedly carrying illegal drugs just off the coast of Venezuela, U.S. Defence Secretary Pete Hegseth said on Friday, at least the fourth such attack in recent weeks.
Thirty-six Turkish nationals aboard vessels from the Global Sumud Flotilla, which was seized by Israeli forces, are expected to return to Türkiye on a special flight on Saturday afternoon, the Turkish foreign ministry said.
Palestinian Islamic Jihad, an ally of Hamas which took part in the 7 October, 2023 attack on Israel, endorsed on Saturday the group's response to the U.S. plan to end the war in Gaza.
U.S. President Donald Trump has called for Israel to halt its bombing of Gaza after Hamas said it was ready to release hostages and agreed to some aspects of the U.S. president's plan to end the war, although Israeli strikes still killed several people on Saturday.
Israel struck Gaza on Saturday, local authorities said, after U.S. President Donald Trump had called for a halt to the bombing and said Hamas is ready for peace, agreeing to release hostages and accepting some other terms in a U.S. plan to end the war.
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