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21 May 2024 19:14
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  •   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

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     Today's News

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

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

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


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