Unlike WWF and interest free student loans introduced on the eve of an election when facing losing in the polls !!
Student loans was the classic all-time electoral bribe. Immediately made many people substantially better off, reduced incentive to pay it back and little chance of a govt back-tracking due to the high risk of political suicide. Costing the country billions......
Student loans was the classic all-time electoral bribe. Immediately made many people substantially better off, reduced incentive to pay it back and little chance of a govt back-tracking due to the high risk of political suicide. Costing the country billions......
They sure were and now billions of dollars unrecoverable with graduated students overseas with no forwarding address and laughing all the way to their Swiss bank but I must admit that National did little to help with the growing tidal epidemic of meth and the mental health problems that's creating.
Last edited by Beagle; 11-07-2018 at 03:08 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by Joshuatree
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