Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Overseas student debt results disappointing

Lack of government interest in reducing the level of overseas student debt disappointing

The New Zealand Union of Students’ Association (NZUSA) says it is disappointed with the government; accusing it of making no effort to actually address the repayment of overseas student loan debt in the Student Loan Amendment Bill. The Bill was forced through Parliament yesterday with 61 votes in favour and 60 votes against.

“Submitter after submitter, NZUSA amongst them, made suggestions that would address repayment rates, but the submissions were ignored in favour of a gimmicky ‘criminalise and arrest at the border’ proposal that was opposed by the Police and Parliament’s own regulatory oversight committee”, said Daniel Haines, NZUSA President.

“Treasury advice is that the changes are actually likely to increase default rates, and officials from IRD have also said they were not predicting an increase in student repayments, despite proposing to spend $600,000 in one-off costs in updating airport screening capacity, said Haines”

In their submission, the New Zealand Police said they did not want to be IRD’s debt collectors, and questioned the use of Police resources in this way.

Haines continues, “more than half those overseas are behind in their payments, owing approximately $3 billion. But forty percent of those overseas have access to a non-New Zealand passport, making the government’s ability to penalise those students toothless.

“NZUSA believes that any student who borrows has an obligation to pay back their loan. But the chorus of opposition to this Bill shows that more logic and common sense is needed to encourage repayment. Punishing people who borrowed for their education isn’t the solution, this scheme needs more carrot and less stick.”

NZUSA is acting independently to encourage repayments, providing its own plain-English advice and pushing this out via social media. Students overseas can access our fee-free transfer service for overseas based borrowers through NZUSA’s website at www.students.org.nz.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Gordon Campbell: On John Key’s Trip To Iraq

In the embedded press coverage on this trip, the absence so far of any evaluation of the wider context of what New Zealand thinks it is doing at Camp Taji has been striking. More>>


Labour: Parata Puts Brakes On Charter School Appraisal

“When the Ministry of Education recommended they compare the achievements of children at charter schools to those of their counterparts at state schools, the documents show Hekia Parata specifically prohibited them from doing so." More>>


Bad Day For Universities: Gun, Bomb Threats On Three Campuses

Dunedin Police are continuing their investigation into the threat made against the University of Otago. Staff are following a number of lines of inquiry, and police are working to verify the authenticity and source of the post. More>>


Gordon Campbell: On The TPP Deal Reached In Atlanta

Yes, the TPP has helped to knock a few points off the tariffs facing our exporters. Yet some of those alleged dollar gains may well have been made regardless over time – and without the negative baggage of the concessions in the non-trade areas (intellectual property, copyright extensions, investor-state dispute mechanisms etc) that the TPP deal also brings in its wake. More>> (Cartoon by Dave Wolland)

Public Summaries:


Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Pre-Signing: Gordon Campbell On The TPP Countdown

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news