Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 

Students anticipate passing of interest free loans

Students eagerly anticipate passing of ‘interest free loans’ Bill tomorrow

The New Zealand University Students’ Association (NZUSA) is eagerly anticipating the passing of the Taxation (Annual Rates and Urgent Measures) Bill that would make student loans interest free from 1 April 2006 when it is debated in Parliament tomorrow.

“Students have been waiting for a huge hit on the student debt monster since 1992, when the student loan scheme first started,” said Camilla Belich, Co-president of NZUSA.

“When Parliament eradicates interest on student loans, they will be taking the biggest swipe at the student loan scheme to date.”

“We expect that no interest on student loans will encourage students and graduates to stay in New Zealand, help them pay off their loans faster and allow them to make the adult choices they deserve to make like buying a house or starting a family sooner.”

“With the passing of this legislation the Government and their supporters have shown a commitment to students and graduates. It is our greatest wish that this commitment continues to a greater amount of support for students while they are studying and the lowering of our high course fees.”

“We imagine that students will be out celebrating this policy on campus when loans finally become interest free from 1 April 2006,” said Belich.

NZUSA would like to encourage all parties to vote for interest free student loans tomorrow.

Ends

© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 


Howard Davis: Joel Coen's Monochromatic Macbeth

The Bard of Avon may well be smirking up the sleeves of his lace doublet at the irony of Will Smith's Oscar debacle, but now that the initial furore has dissipated, it's worth revisiting the movie for which Denzel Washington was also nominated. More>>

Howard Davis: Kenneth Branagh’s Black & White Belfast

Branagh has assembled a wonderful cast, including Ciarán Hinds, a gently formidable actor who well deserves his Oscar nomination, and Judi Dench, who steals every scene she’s in. More>>


Howard Davis: Dennis Villeneuve’s Dune - A Brief History

So many elements of Herbert’s novel have since become tropes of popular SciFi that Villeneuve’s film sometimes seems deceptively derivative. What makes all this nonsense essential viewing is his astonishing visual sensibility. More>>


Howard Davis: Jill Trevelyan's Rita Angus

Although Angus has become one of Aotearoa’s best-loved painters, the story of her life remained little known and poorly understood before Jill Trevelyan's acclaimed and revelatory biography, which has been republished by Te Papa press. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland