Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Loan Changes A Move In The Right Direction

Green Party tertiary education spokesperson Michael Tritt today welcomed student loan changes which will allow part-time students to earn more before they are charged interest.

Tertiary education minister Steve Maharey announced today that the income threshold at which part-time students qualify for a full interest write-off will rise from $14,768 to $24,596, effective from the start of this year.

"This is great news for all of those part-time students who, despite being on low incomes, were charged usurious interest rates by the previous National government," Mr Tritt said.

"The changes will remove the disincentive to study that part-time students faced under the previous government."

Mr Tritt stressed however that much more needed to be done to ensure equitable access to tertiary education in New Zealand.

"Writing off the interest for low-income, part-time students is a good start, but ideally no person should pay more than the rate of inflation on a student loan," he said.

"These changes, however positive will not stop the debt monster from growing. The minister needs to address the costs which are forcing students to borrow so much in the first place."

Mt Tritt said moves such as slashing fees and implementing a universal student living allowance were urgently needed to increase participation in tertiary education and prevent the brain drain of talented young New Zealanders fleeing our country with massive debts.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Shipping Is NZ’s New Trade Problem

So Jacinda Ardern and Theresa May have signed a piece of paper promising peace in our time when it comes to our trade with Britain... Right now, a statement from Theresa May on Brexit has as much credibility as a statement by Donald Trump about North Korea’s plans for scrapping its nukes. Despite her recent crushing defeat in the Commons, May is continuing to playing chicken with Britain’s future, for personal and party advantage.

Brexit is not the only concern... More>>


KiwiBailed: KiwiBuild Head Officially Resigns

The head of Kiwibuild, Stephen Barclay has officially resigned from the role. In a statement issued on his behalf, it was announced that he would step down from today [Friday]. More>>


Welfare Stats: Rise In Hardship Numbers Shows Income Inadequacy

The latest Ministry of Social Development quarterly report show that a record number of people have received hardship assistance from work and income, with an additional 40,000 hardship payments made between September and December 2018, compared to the previous quarter of the same year... More>>


DHBs "Prepared": Junior Doctors Strike Again

The needs of acute patients will be met during tomorrow's junior doctor strike, a DHB spokesperson says... Almost 3000 junior doctors are expected to walk off the job, which will affect all DHBs apart from West Coast District Health Board. More>>


Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>


JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>


Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

Trainers: Taratahi Institute of Agriculture In Interim Liquidation

Taratahi employ 250 staff and this year has provided education to over 2500 students. Taratahi owns and manages 8 farms throughout the country. More>>





InfoPages News Channels