repayment of student loans
Wednesday, December 1st 2010
Government seeks ways to claw back student loans
The government is looking at ways to encourage repayment of student loans, as it emerged that nearly two-thirds of students loans issued since the scheme started had not been fully repaid.
Loans had been issued to more than 900,000 people since 1992, according to a MoE report, which said only NZ$6.4 billion of the NZ$13.9 billion borrowed had been paid back.
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