National Vows to Reduce Student Loan Repayment Rate if Re-Elected

The carrot and the stick: National promise lower student loan repayments if you stay, and tougher penalties if you leave

The compulsory student loan repayment rate would drop from 12% to 10%, while overseas-based borrowers who don’t pay would face new penalties, writes Henry Oliver in today’s excerpt from The Bulletin. To receive The Bulletin in full each weekday, sign up here. National has made its pitch to young voters: lower student loan repayments for graduates who stay in New Zealand, and tougher enforcement for those who leave without paying. Finance spokesp…

National vows to reduce student loan repayment rate if re-elected

The National Party is promising to reduce the compulsory student loan repayment rate if re-elected, while cracking down on overseas-based borrowers.

PM announces new penalties on Kiwis overseas with student debt, as local grads get relief

National is promising to lower compulsory student loan repayment rates for university graduates who stay in New Zealand, while increasing annual interest and buffing up penalties for those who move overseas, if re-elected.

National offers student loan sweetener in new election policy

National wants to cut the compulsory student loan repayment rate from 12% to 10% for Kiwis who stay in New Zealand, while toughening up on graduates who leave the country without repaying their debt.