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Budget threatens polytechnics

Polytechnics will not receive any increase in their student achievement funding from the government under the 2015 budget (in fact it drops slightly by $1million). In recent years, tertiary education...

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TEU signs up for medical student petition

A petition calling to remove the seven-year student loan cap for medical students deserves the support of tertiary education staff, says TEU national president Sandra Grey. Many medical students enter...

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Debt delays students starting families

The national student union says student debt is forcing some graduates to postpone starting families. NZUSA’s Tertiary Student Income and Expenditure Survey found that over a third of students believe...

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Student expenses outstrip loans

The maximum amount students can borrow rose $13 dollars per week in the last five years, but the average weekly cost of food rose by $35 per week over the same period. NZUSA’s Income and Expenditure...

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Interest-free student loans benefit women

The difference in student loan repayment times between women and men has shrunk from four years in 2002 to just sixth months for those who left study in 2011. It now takes men, on average, 6.7 years to...

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Generation Rent owes $11 billion

Adulthood is coming later for today’s young people because of the burden of student debt according to University of Auckland sociology professor Alan France. The latest Inland Revenue figures show that...

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$15 billion student debt

Student leaders from around New Zealand gathered at Victoria University last weekend to point out that total student debt will soon reach $15 billion. The students were wearing symbolic balls and...

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$15 billion debt motivates call for free education

Yesterday student debt reached $15 billion. Students marked the occasion, by calling for free tertiary education. “We must deal with student debt by addressing the cause,” says NZUSA President Linsey...

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One-third of degree graduates leave NZ

The more educated New Zealand students are, the more likely they are to leave the country. Data from the Ministry of Education shows that within nine years of earning a level 1-3 certificate one-fifth...

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Government finds 10,000 student debtors in Aussie

Tertiary education minister Steven Joyce announced that Inland Revenue, together with the Australian Tax Office, has located 10,400 student loan borrowers living in Australia. Inland Revenue will now...

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