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

 


Growing Number of Students on Loans

In five years since 1994 the proportion of students taking out loans has increased by 30%. As the costs of education continue to grow with increasing fees and limited access to living allowances, more and more tertiary students are being forced on to the loan scheme.

Mrs. Shipley’s statement that only half of all students are on the loans scheme involves some shady mathematics. She has included all they part time students who may only be doing one paper per year and have the ability to find other income while they are studying. This option of increased income is not available for the hundred thousand students who are studying full time. Their proportional use of the loan scheme is far higher than fifty percent.

“It is shocking to think that tens of thousands of students would not have needed the loans scheme to get through university only five years ago but now they are burdened by it. Five years of constant fee increases and limited access to living allowances means those students will now be paying off debt to the government for the majority of their working life.” Said Otago University Students' Association (OUSA) President, Steve Day.

“Student debt has not remained constant over the past term of government it has got far worse. Debt has become an unstoppable monster growing bigger every time it eats another student’s future. Government needs to put more money into Tertiary education now if this monster’s appetite for students is to be ended.”

ends

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Electronica: Restoring The World’s First Recorded Computer Music

University of Canterbury Distinguished Professor Jack Copeland and UC alumni and composer Jason Long have restored the earliest known recording of computer-generated music, created more than 65 years ago using programming techniques devised by Alan Turing. More>>

ALSO:

Scoop Review Of Books: Almost Getting Away With Murder

The Black Widow by Lee-Anne Cartier: Lee-Anne Cartier is the sister of the Christchurch man found to have been murdered by his wife, Helen Milner, after an initial assumption by police that his death, in 2009, was suicide. More>>

Howard Davis: Triple Echo - The Malevich/Reinhardt/Hotere Nexus

Howard Davis: The current juxtaposition of works by Ralph Hotere and Ad Reinhardt at Te Papa perfectly exemplifies Jean Michel Massing's preoccupation with the transmigration of imagery in a remarkable triple echo effect... More>>

Scoop Review Of Books: Nō Tāu Manawa

Vaughan Rapatahana responds to Fale Aitu | Spirit House by Tusiata Avi: "fa’afetai Tusiata, fa’afetai, / you’ve swerved & served us a masterclass corpus / through graft / of tears & fears..." More>>

9 Golds - 21 Medals: NZ Team Celebrates As Rio 2016 Paralympic Games Close

The entire New Zealand Paralympic Team, led by kiwi sprinter and double gold medallist Liam Malone as flag bearer, are on the bus to the Maracanã Stadium in Rio de Janeiro for the Closing Ceremony of the Rio 2016 Paralympic Games. There, they will celebrate the fantastic successes of the past 10 days. More>>

ALSO:

New Zealand Improv Festival: The Festival Of Moments To Return To The Capital

The eighth incarnation of the New Zealand Improv Festival comes to BATS Theatre this 4-8 October , with a stellar line-up of spontaneous theatre and instant comedy performed and directed by top improvisors from around New Zealand and the world. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news