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


Student debt the best contraceptive say report

26 July 2004

Student debt the best contraceptive says new report

Student debt is putting borrowers off having babies and shutting them out of home ownership, according to a report released today by the New Zealand Institute.

“The study: The Wealth of a Nation, contains many stories from New Zealanders about the negative effects debt has on their life decisions that policy makers should listen to,” said Fleur Fitzsimons, Co-President of the New Zealand University Students’ Association (NZUSA).

“Student debt is acting as a contraceptive at the very time when young people are looking to settle down and start families,” said Fitzsimons “Student loans are a social experiment that has gone dangerously wrong in New Zealand and the negative effects could haunt us for many years to come”

“The report backs up research conducted by NZUSA on nurses and teachers, which shows that student debt is a barrier to borrowers forming families. Demographers also back up these concerns about the long term effects of the student debt monster.”

“The evidence is clear: student debt is wreaking havoc with the lives of New Zealanders and threatening the ability of the country to meet workforce demands.”

“The government needs to act quickly by introducing a living allowance for all students and abolishing student tuition fees so that no New Zealander is forced to borrow from the harsh student loan scheme,” said Fitzsimons.


© Scoop Media

Culture Headlines | Health Headlines | Education Headlines

Legendary Bassist David Friesen Plays Wellington’s Newest Jazz Venue

Friesen is touring New Zealand to promote his latest album Another Time, Another Place, recorded live at Auckland's Creative Jazz Club in 2015. More>>

Howard Davis Review: The Father - Descending Into The Depths of Dementia

Florian Zeller's dazzling drama The Father explores the effects of a deeply unsettling illness that affects 62,000 Kiwis, a number expected to grow to 102,000 by 2030. More>>

Howard Davis Review: Blade Runner Redivivus

When Ridley Scott's innovative, neo-noir, sci-fi flick Blade Runner was originally released in 1982, at a cost of over $45 million, it was a commercial bomb. More>>

14-21 October: New Zealand Improv Festival In Wellington

Imagined curses, Shibuya’s traffic, the apocalypse, and motherhood have little in common, but all these and more serve as inspiration for the eclectic improvised offerings coming to BATS Theatre this October for the annual New Zealand Improv Festival. More>>


Bird Of The Year Off To A Flying Start

The competition asks New Zealanders to vote for their favourite bird in the hopes of raising awareness of the threats they face. More>>

Scoop Review Of Books:
Jenny Abrahamson's John & Charles Enys: Castle Hill Runholders, 1864-1891

This volume will be of interest to a range of readers interested in the South Island high country, New Zealand’s natural environment, and the history of science. More>>