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

 


Study shows why Kiwis need a Green-Labour Govt

13 September 2005

Loan study shows why Kiwis need a Green-Labour Govt

The Green Party says a survey showing Kiwis currently pay the highest student loan interest rates in the world illustrates why young New Zealanders would be better off with a Green-Labour Government.

The survey released by the Educational Policy Institute found New Zealand's student loan interest rate of seven percent is higher than in any other comparable OECD country.

"We've been drawing attention to the unreasonably high rate of interest on student loans for some time," Green Tertiary Education Spokesperson Nandor Tanczos says.

"We're pleased that Labour has announced policy to address this issue, and this international survey underlines why a Green-Labour victory on Saturday is so important to the future of this country.

"If part of Government, the Greens will ensure that Labour prioritises its interest-free student loan pledge and, in addition, pursue our own policy of tackling the key drivers of debt - high tertiary fees and the narrow access to allowances.

"On the other hand, the National Party is pledging to keep in place our highest-in-the-world student loan interest rates.

"National has criticised the interest-free student loan policy by claiming it will massively escalate student debt. This criticism demonstrates that, as with so many other areas of policy, National simply doesn't understand how the student loan system works and clearly assume that everyone thinks like a speculator."

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news