News | Politics
21 May 2024 19:14
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Politics

    It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans

    It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans

    New Zealand's one of the few countries that doesn't apply indexation to loan totals -- meaning no adjustments to account for inflation.

    North Harbour Budgeting Services' David Verry says young Kiwis are better off sticking to the minimum loan-repayment amounts -- than rushing to pay it off as soon as possible.

    He says the longer people extend it out -- the less they're effectively paying back -- as inflation eats away at the total.
    04-24-24 1740

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     21 May: ICC prosecutors are seeking warrants for Benjamin Netanyahu and Hamas leaders, here's what happens next
     21 May: Australia sending evacuation flights to pick up those stranded in New Caledonia
     21 May: Is it time for Australia to reassess its position on France’s role in New Caledonia?
     21 May: What could President Raisi’s death mean for stability in Iran and beyond? Expert Q&A
     21 May: The Christchurch City Council's begun the hunt for a new board chair of its investment arm
     21 May: Women are facing a massive shortfall in retirement savings
     20 May: Hopes a new boss will bring fresh energy to the struggling Warehouse Group
     Top Stories

    Black Ferns assistant coach Steve Jackson insists the side isn't becoming too predictable More...

    The Emergency Management Minister says officials are being cautious about today's weather bomb More...

     Today's News

    Sean 'Diddy' Combs' former assistant wasn't "surprised" by video footage of him allegedly assaulting Cassie Ventura in a hotel 19:06

    Accident and Emergency:
    Two Rotorua lines workers are being called heroes - for rescuing a woman in a flooding car 18:57

    Health & Safety:
    Hospitals are gearing up for winter and more respiratory illness 18:37

    Kristin Chenoweth was "severely abused" in a relationship 18:36

    First Nations experts say Closing the Gap family violence target will not be met without more funding 18:17

    Rugby League:
    Marata Niukore will return to the Warriors' interchange on Sunday for their NRL fixture against the Dolphins at Mt Smart, after recovering from a foot injury 18:07

    Cat Deeley survives on four hours sleep a night 18:06

    Living & Travel:
    Cannes Film Festival 2024 red carpet: Selena Gomez, Anya Taylor-Joy, Cate Blanchett, Barry Keohgan and more 17:47

    Caprice Bourret has "changed significantly" since she was diagnosed with a brain tumour 17:36

    Black Ferns assistant coach Steve Jackson insists the side isn't becoming too predictable 17:27

     News Search

    Power Search

    © 2024 New Zealand City Ltd