Education Policy | Post Primary | Preschool | Primary | Tertiary | Search


Still not too late to address the debt monster

Still not too late to address the debt monster.

Student debt has now reached $6 billion dollars.

“The government can still move now to turn the monster of debt from becoming an economic nightmare raging out of control to a manageable investment for the good of all New Zealanders.” said Andrew Kirton, Lincoln University Students’ Association President.

Student debt still increases by $40,000 per hour and will reach $20 billion by 2020. One in ten New Zealanders now has a student loan.

“The Government needs to take a much more intelligent and strategic view in order to tackle the debt monster, instead of the current policy of giving ‘carrots’ to students with meagre improvements like interest rate decreases and write-offs.” Kirton said.

Student debt was voted the biggest blunder of the 1990’s in 2000. The Labour Government’s current lack of direction and intelligence means the loan scheme and student debt will become the biggest blunder of this millennium.” Said Kirton. He said that there is still time for the government to address debt. The fact that New Zealand’s student debt is relatively young compared with other countries may be our “saving grace”, as we can benchmark our successes and failures and make improvements.

“It makes you wonder why the government is so eager to support unemployed people, but still will not assist people who are actually educating themselves and will be able to make a significant contribution to the nation than someone sitting at home on a benefit.” Said Andrew Kirton.

© Scoop Media

Culture Headlines | Health Headlines | Education Headlines


Reuben Moss' Property is Theft! & Kaitani at The Physics Room

Property is Theft! continues Moss’ interest in the contemporary urban environment as a space controlled by pulsing and unequal flows of capital and labour. Kaitani features work by the University of Canterbury Fijian Students Association and Kulimoe’anga Stone Maka. More>>

Handcrafted Form: Rare Treasures From Japan

This unique exhibition at Expressions Whirinaki represents 90 everyday objects made by contemporary Japanese artisans who employ various traditional craft techniques made in regional workshops. The works used in daily life are crafted from raw materials with techniques appropriate to bringing out the best of its medium, balancing ease of use with aesthetic appeal. More>>

Howard Davis Article: A Musical Axis - Brahms, Wagner, Sibelius

Brahms' warm and exquisitely subtle Symphony No. 3 in F major, Wagner's irrepressibly sentimental symphonic poem Siegfried Idyll, and Sibelius' chilling and immensely challenging Violin Concerto in D minor exemplify distinct stages of development in a tangled and convoluted series of skirmishes that came to define subsequent disputes about the nature of post-Romantic orchestral writing well into the following century. More>>

Scoop Review Of Books: A Pale Ghost Writer

Reviewed by Ruth Brassington, Richard Flanagan's new novel is about a novelist hastily ghost-writing the biography of a crook about to go to trial. The reader is kept on a cliff-edge, as the narrator tries to get blood out of his stone man. More>>

New Zealand Wars Commemoration: Witi Ihimaera's Sleeps Standing Moetū

The second of several articles to mark Rā Maumahara, remembering the New Zealand Land Wars. The first was a Q&A with Vincent O’Malley, author of The Great War for New Zealand: Waikato 1800–2000. More>>




  • Wellington
  • Christchurch
  • Auckland