URL: Student loan repayment rises from 1 April
Steven Joyce | Tertiary Education, Skills and Employment
The student loan repayment rate for borrowers living in New Zealand will rise to 12 per cent from next Monday, as announced in Budget 2012. Tertiary Education, Skills and Employment Minister Steven Joyce says increasing the repayment rate from 10 cents to 12 cents for each dollar of income from 1 April means graduates and ex-students will pay their loans off more quickly...
