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

#Kexit: Prime Minister John Key Announces Resignation

Prime Minister John Key has announced that he’s resigning as Prime Minister in seven days’ time. He made the unexpected announcement at a 12.45 press conference at Parliament, called with less than an hour’s notice.

“It has been an enormous privilege to be Prime Minister of New Zealand, and these last eight years have been an incredible experience. Throughout these years I have given everything I could to this job that I cherish, and this country that I love...“ More>>

Gordon Campbell: On The Key Resignation

The resignation of John Key is one thing. The way that Key and his deputy Bill English have screwed the scrum on the leadership succession vote (due on December 12) is something else again. It remains to be seen whether the party caucus – ie, the ambitious likes of Steven Joyce, Judith Collins, Paula Bennett, and Amy Adams – will simply roll over... More>>

 

Q+A: Labour's Michael Wood Wins Mt Roskill

Labour’s Michael Wood, who last night won a 6,000 vote majority in the Mt Roskill by-election, says the reason for the win was simple, clear messaging... More>>

ALSO:

Gordon Campbell: On Anne Tolley’s Callous Folly

Last week’s conflict between Social Development Minister Anne Tolley and District Court judge Carolyn Henwood illustrated quite a few of the flaws in the system. More>>

ALSO:

Members’ Bills: Greens' Domestic Violence And Loans Bills Pulled From Ballot

Jan Logie’s Domestic Violence-Victims' Protection Bill introduces workplace protections for victims of domestic violence, including allowing victims to request paid domestic violence leave for up to 10 days... Gareth Hughes’ Bill allows Kiwis with student loans to defer their student loan repayments into a first home savings scheme. More>>

ALSO:

IPCA: Police Did Not 'Deliberately' Use Pepper Spray On 10-Year-Old

"When spraying the man, the officer did not properly consider the necessity of using pepper spray in a confined space, the likelihood that it would affect the other innocent passengers or the fact that he was using a more powerful spray." More>>

ALSO:

Donor Bill Passes: Full Income Compensation For Live Organ Donors

Unanimous cross-party support for the Compensation for Live Organ Donors Bill represents a critical step in reducing the burgeoning waiting list for kidney donations, according to Kidney Health New Zealand chief executive Max Reid. More>>

ALSO:

Earthquake Response: Emergency Legislation Prepared

Three new Bills have been drafted in the wake of the magnitude 7.8 earthquake on November 14 to ensure the government can enable affected communities to respond quickly and efficiently. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
More RSS  RSS News AlertsNews Alerts
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news