Eleven Billion

[Maha]

The oustanding student loan (Loan= not a gift) is eleven billion dollars.
It was never a gift, how about you get off your educated arses and pay back what is not yours to keep. The NZ economy could well do with the money the Government 'loaned' you.
If I were to ever take out a loan for whatever reason, I would have to pay it back as per the contract that was signed at the time.

[YellowDog]

The oustanding student loan (Loan= not a gift) is eleven billion dollars.
It was never a gift, how about you get off your educated arses and pay back what is not yours to keep. The NZ economy could well do with the money the Government 'loaned' you.
If I were to ever take out a loan for whatever reason, I would have to pay it back as per the contract that was signed at the time.

Pay it back, or we'll take your bikes and sell them

[Maha]

85,000 recipients of the student load are now living and working over seas.
How much do you think they are contributing to thier counrty of birth?
The country that supported them when they needed something now needs the favour back.
They owe about 2.3 billion.

[Squiggles]

The oustanding student loan (Loan= not a gift) is eleven billion dollars.
It was never a gift, how about you get off your educated arses and pay back what is not yours to keep. The NZ economy could well do with the money the Government 'loaned' you.
If I were to ever take out a loan for whatever reason, I would have to pay it back as per the contract that was signed at the time.

Would have been nice to go to Uni when it was free...

[CookMySock]

Ahhhh its the students fault the country is in the shit? I did wonder....

[Oblivion]

Extradite em' for crimes against Christchurch.

[FJRider]

Would have been nice to go to Uni when it was free...

The education bit is not the big cost ... with inflation ... rent, food and booze prices are the real costs ...

or you could live at home with mum and dad ...

[Smifffy]

Don't worry the fascists are likely drawing up legislation hastily and to be passed under urgency in the near future.


Not too impressed with the Nat's abuse of the urgency loophole at the moment. If only there was a credible opposition.

[Maha]

Ahhhh its the students fault the country is in the shit? I did wonder....

We dont really want the people back, no no, just the money that is owed.
It not to much to ask is it?
Eleven Billion could almost rebuild Chrischurch.
Tell me Steve (and anybody else who cares to) what would happen if you missed a few loan repayments on a vehicle or indeed 6-7-8 months worth of mortgage payments?

[Drew]

Funny when they were talking about budget surplus a couple years back, they were counting the money that should have been paid back in that year.

[Fatt Max]

Could never work out the whole student loan thing. I mean, why would we loan a student to anyone, and who wants to borrow a student....?

It's fucked really...

[Nasty]

Would have been nice to go to Uni when it was free...

Thats funny .. it stopped being free when I was the right age ... and I choose not to go but to work .. have used the loans system twice now for study and paid it back without an issue ... why can't others?

[Maha]

Could never work out the whole student loan thing. I mean, why would we loan a student to anyone, and who wants to borrow a student....?

It's fucked really...

35 thousand ended up becoming pastry chefs...more pies than cakes you understand...
Actually, I knew of a Uni Grad that ended up working in the Horticultral department at a local hospital...thruth was, he worked in the kitchen.
Payback your loan cabbage boy.

[Ocean1]

Whoever loans money should be conversant with the concept of risk, the dollar value associated with the possibility that the recipient won't repay the loan.

If you're going to offer young people money to spend on an education I reckon it'd be a really really good idea to charge a premium for loans for any of the McDiploma courses offered by the more opportunistic institutions. They're not likely to contribute to the earning capacity of the loan recipient, you're simply offering the students a millstone around their fiscal neck.

Me, I'd make education likely to be useful in contributing to the growth of the nation free. If you reckon there's a long term living to be made teaching tourists underwater basket weaving then by all means fill yer boots. From your own pocket.

We'll never see most of those loans, write them off and move on. Just pay attention in future, and when the government offers to spend your money on fucking silly ideas then do something about it, eh?

[FJRider]

We dont really want the people back, no no, just the money that is owed.
It not to much to ask is it?
Eleven Billion could almost rebuild Chrischurch.

Expect an outcry from said "overseas students" ... when ... upon their return to attend a funeral or some family/important event ... they get stopped at the airport untill the account is settled ... or at least not allowed to LEAVE the country ...

Student loans will be treated in the same manner as unpaid court fines ...