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

 


Medical Students’ Loan Let-down

Medical Students’ Loan Let-down


New Zealand Medical Students’ Association campaigner Alex Hedley today called on the Government to reverse its decision to stop student loans for postgraduate medical students in their final years of study.

“The so-called 7EFTS policy is preventing young doctors from finishing their degrees.

“We have surveyed our members. Fourty five percent of students expect they would not be able to complete their training without access to student loan.

“This policy targets medical students at the end of their training, a time when having a part time job is an unreasonable expectation. The 7EFTS limitation undermines medical training with financial stress being a serious threat to a quality education.

The medical student debt of those affected is typically over $100,000 and will be difficult to repay without relevant qualifications.

“In our survey of 406 members, four out of ten were unaware of the policy change that could stop them borrowing to complete their degrees.

Medicine is unusual in that gaining a qualification takes longer. It makes sense to have an exemption. The state also invests hundreds of thousands in each medical student’s education and if the 7EFTS rule continues, that money too will be wasted.

“Ministers have promised to review policies, but those promises are wearing thin. Time is passing and students want certainty about their future prospects.

“An extension to loan access for medical student will allow us to enter the healthcare workforce and pay back our existing debt.

“When there is a shortage of rural GPs, it is hard to fathom why the National Government wants to consign a quarter of all future doctors to the dole queue,” Alex Hedley said.

“Minister Joyce has told us that there are plenty of other sources of funding to complete our studies. He is adament that we will be able to secure a private loan despite the banks making it clear they will not lend money to our members.

Among bank loans the Minister suggested asking friends and family, using the Trainee Intern (TI) grant or applying for the voluntary bonding scheme.

“These suggestions are unhelpful because they make no attempt at solving the problem.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Arming Police: Frontline Police To Routinely Carry Tasers

"In making the decision, the Police executive has considered almost five years worth of 'use of force' data… It consistently shows that the Taser is one of the least injury-causing tactical options available when compared with other options, with a subject injury rate of just over one per cent for all deployments." More>>

ALSO:

Gordon Campbell: On D-Day For Dairy At The TPP

While New Zealand may feel flattered at being called “the Saudi Arabia of milk” it would be more accurate to regard us as the suicide bombers of free trade. More>>

ALSO:

Leaked Letter: Severe Restrictions on State Owned Enterprises

Even an SOE that exists to fulfil a public function neglected by the market or which is a natural monopoly would nevertheless be forced to act "on the basis of commercial considerations" and would be prohibited from discriminating in favour of local businesses in purchases and sales. Foreign companies would be given standing to sue SOEs in domestic courts for perceived departures from the strictures of the TPP... More>>

ALSO:

"Gutted" Safety Bill: Time To Listen To Workplace Victims’ Families

Labour has listened to the families of whose loved ones have been killed at work and calls on other political parties to back its proposals to make workplaces safer and prevent unnecessary deaths on the job. More>>

ALSO:

Regulators: Govt To ‘Crowd-Source’ Regulatory Advice

A wide-ranging set of reforms is to be implemented to shake up the way New Zealand government agencies develop, write and implement regulations. More>>

ALSO:

Board Appointments: Some Minister Appoint Less The 3 In 10 Women

“It’s 2015 not 1915: Ministers who appoint less than 3 in 10 women to their boards must do better, they have no excuse but to do better,” said Dr Blue. More>>

Gordon Campbell: On The 1990s Retro Proposals For Our Health System

As we learned yesterday, the reviews propose that the democratically elected representation on DHBs should be reduced, such that community wishes will be able to be over-ridden by political appointees. In today’s revelations, the reviews also propose a return to the destructive competitive health model of the 1990s. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news