A CHANGE to student debt repayments has been welcomed by three Mallee solicitors.

The Federal Government announced that from July 1 next year, it would reduce the amount Australians with a student debt had to repay per year, and raise the threshold for when people need to start repaying.

A minimum repayment threshold of about $54,000 in 2024-25 would be lifted to $67,000 in 2025-26, and a new sy...