If National wins ...

[fungus pudding]

Iceman Even at $370 per cash in hand who could afford to make payments on there student loan. Let alone a gross $370.00 Are you dreaming just as hard as these idiots in the Govt. that set it.

Read Iceman's post. He mentions high earners, and others 'when they can pay it back'. And we all know he's dead right.

[Major von Tempsky]

Hmm, I have 4 adult children and they have all paid their student loans back....does that mean there is something wrong with them....

[fungus pudding]

Hmm, I have 4 adult children and they have all paid their student loans back....does that mean there is something wrong with them....

Well, they're certainly not normal.

[Major von Tempsky]

One of them lives overseas - in Montreal, and another one of the 4 paid back her loan while she was overseas - London.

So it is possible. You don't have to lie, cheat, steal, vote Labour......

[slimwin]

I'm presuming they did useful courses that gave them job prospects at the end. No underwater sheep farming papers.

[iceman]

One of them lives overseas - in Montreal, and another one of the 4 paid back her loan while she was overseas - London.

So it is possible. You don't have to lie, cheat, steal, vote Labour......

Well done by them. Most of the defaulters could just as easily as your children pay back the money us tax payers LENT them for free, but for many of them the feeling of entitlement is above the feeling of responsibility when it comes to dealing with the Government, i.e. us taxpayers

[fungus pudding]

Well done by them. Most of the defaulters could just as easily as your children pay back the money us tax payers LENT them for free, but for many of them the feeling of entitlement is above the feeling of responsibility when it comes to dealing with the Government, i.e. us taxpayers

That can't be right. I distinctly recall Dr. Cullen being challenged when he made the loans interest free, that there would be less incentive to repay any faster than they absolutely had to. He dismissed that and absolutely assured us that they would now repay faster their loans because the overrall debt would be less with interest gone.

[BIRMANBOY]

Cullen always was completely convinced his thinking was faultless...smart guy but certainly did not get it right there. Interest free but wheres the buy in, where's the responsibility, where's the penalty. A good idea but lacking sufficient substance would be the report card. Maybe we should automatically revoke any degrees or certification unless repayment terms are being complied with. If you dont pay your house mortgage payments the banks will certainly take action. Whats the difference?

That can't be right. I distinctly recall Dr. Cullen being challenged when he made the loans interest free, that there would be less incentive to repay any faster than they absolutely had to. He dismissed that and absolutely assured us that they would now repay faster their loans because the overrall debt would be less with interest gone.

[elZorro]

Cullen always was completely convinced his thinking was faultless...smart guy but certainly did not get it right there. Interest free but wheres the buy in, where's the responsibility, where's the penalty. A good idea but lacking sufficient substance would be the report card. Maybe we should automatically revoke any degrees or certification unless repayment terms are being complied with. If you dont pay your house mortgage payments the banks will certainly take action. Whats the difference?

Isn't it already enough of a penalty for students, that they have to pay for an increasing proportion of their tertiary education?

I'm all for the creativity behind the Hobbit movies, but to ensure this transitory project stayed here, the government and local bodies coughed up nearly $100million, defrayed against the higher employee taxes and spend no doubt. So it's a business transaction, commonsense. But the tax benefits went to a smallish group, some domiciled overseas. Could we have done a sweetheart deal like this on something that had longer-term and tangible benefits for NZ?

Student loans are spread around hundreds of thousands of NZ-trained students, and the outstanding amount is only $200mill. It's a business deal, that money will come back in the end. With interest, effectively, from higher productivity. Cullen's no mug.

[fungus pudding]

Isn't it already enough of a penalty for students, that they have to pay for an increasing proportion of their tertiary education?

I'm all for the creativity behind the Hobbit movies, but to ensure this transitory project stayed here, the government and local bodies coughed up nearly $100million, defrayed against the higher employee taxes and spend no doubt. So it's a business transaction, commonsense. But the tax benefits went to a smallish group, some domiciled overseas. Could we have done a sweetheart deal like this on something that had longer-term and tangible benefits for NZ?

Not easily. Most of the benefits are simply a rebate.