Tuesday, November 08, 2005

Good news for student loan holders

The new government is pushing to have interest-free student loans.

However, unlike the last Lanour government promise, this time it looks like they are considering all student loan holders who are living in New Zealand.

I must admit that I wasn't expecting this from the Labour government since previously they only gave interest-free loans to students (students still studying) which means as soon as you get intot he work force, you get interest on your loan.

We'll see if this one comes true. It would be a good consolation prize for not havign a change in government.

Also, we have yet to see a change in the revenue-gathering *ahem** police system. So we'll keep an eye on that, too. More stories of 'sick police culture' are surfacing. Surely the governemnt will act.

2 comments:

Jiggasaurus said...

I hope this goes through.. I'm one of those guys who is paying the interest only.

Pogz said...

isn't it annoying? You pay all this money then you look at the statement and it looked like the government reversed the payments by applying an equal (or more) amount of interest. Bastards!