Tag: student_loan_debt
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Seymour: Labour's Student Debt Plan Lacks Funding Source
ACT Leader David Seymour says Labour's promise to wipe 10% of student debt has no credible funding source, as debt servicing costs New Zealand $24.8 million a day.
Politics and GovernmentEducationEconomyElectionGeneral PoliticsOther PartiesFederal Government David SeymourACT New Zealandstudent loan debtLabour PartyChris Hipkinscapital gains taxNew Zealand government debt
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Labour Pledges 10% Student Debt Cut, Wipes Loans Under $2,000
Labour says it will cut student debt by 10% for borrowers who stay in New Zealand, wiping loans of $2,000 or less, with the first cuts landing on 1 April 2027.
Politics and GovernmentEducationLabour PartyEconomySocial Issues New Zealand Labour PartyChris HipkinsShanan Halbertstudent loan debtFees Freeeducation policyElection