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Repayments start too low, demand too much.
04 May 2012
The New Zealand Union of Students’ Associations has condemned the increase in the student
loan repayment rates announced by Stephen Joyce as starting too low and demanding too
much from graduates.
“New Zealand graduates already make payments from a level of income below any other
income-contingent loans scheme in the world; the rate of payment proposed will now also be
higher than is demanded anywhere else,” said Pete Hodkinson, President of the New Zealand
Union of Students’ Associations. ...READ MORE
Cutting Allowances Short - Sighted
04 May 2012
Cuts to allowances are short-sighted and is likely to have long-term negative implications for
New Zealand’s society and economy, according to the New Zealand Union of Students’
Associations. ...READ MORE
Tax Cuts for Wealthy to be Paid for by Tax Increase for Graduate
04 May 2012
Reports that Prime Minister John Key wishes to increase the repayment rate on student loan
borrowers has been slammed by the New Zealand Union of Students’ Associations as a tax
increase on graduates to pay for a blow-out in the tax-cuts that the government gave to the
wealthy. ...READ MORE
Reducing Loan Threshold Beyond the Pale
04 May 2012
The New Zealand Union of Students’ Associations (NZUSA) is alarmed at the suggestion that
the threshold for loan repayments might decrease, as suggested yesterday by Tertiary Education
Minister Stephen Joyce. ...READ MORE
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