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


No Credit In Keeping Loan Interest Rate Static

Green Tertiary Education Spokesperson Nandor Tanczos today said students across the country would be disappointed with news that the interest rate on student loans was staying static at seven per cent.

"The Alliance MPs are congratulating themselves on keeping the interest rate at seven per cent. They are having a laugh. This is higher than commercial rates. The Government should not be making money off the backs of students."

Nandor said given the Alliance's self congratulation he wondered whether there had actually been an effort made by the Labour Party to have the interest rate increased.

"Students all over the country are telling me story after story about the disastrous impact of the student loans scheme on their lives.

"In the third year of this Government we were all expecting much more. It is amazing to see the Alliance claiming the credit for keeping the student loan interest rate at seven per cent in the same month as student debt hit $5 billion."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


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>>


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>>


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>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news