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

 


10 Years And $5 Billion - Too Long And Too Much

10 Years And $5 Billion - Far Too Long And Far Too Much

Green MP Nandor Tanczos today said 10 years of the student loan scheme had gone a long way towards destroying the economic future of many young New Zealanders, with student debt topping the $5 billion mark.

Nandor said the Greens advocated a universal student allowance introduced at the same rate as the unemployment benefit as a logical first step in phasing out the loan scheme.

"Supporting students who want to learn instead of punishing them will reduce the debt burden hanging around the necks of our graduates and encourage our young people to stay in New Zealand and contribute to the economy.

"This would also encourage people into higher education instead of discouraging them with a lifetime of debt with compounding interest."

Nandor urged the Government to fundamentally rethink the entire scheme, as Tony Blair has undertaken in the UK.

"The problems in both Britain and New Zealand are essentially the same - the up-front course costs are too high. The student loans scheme is a barrier to study that saddles people with debt for their working lives," Nandor said.

"Tertiary education was one of the biggest issues in the last election. Since then the fundamental problems facing students in this country have not been faced."

Nandor is currently on a speaking tour of tertiary institutions all over the country during their Orientation weeks.

"On my travels one thing is obvious - neither students nor the economy can afford another 10 years of the student loans scheme."

Ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Corrections Corrected: Supreme Court Rules On Release Dates

Corrections has always followed the lawful rulings of the Court in its calculation of sentence release dates. On four previous occasions, the Court of Appeal had upheld Corrections’ practices in calculating pre-sentence detention. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news