Ryan Bridge: Will Labour's election bribe work?

Early Edition with Ryan Bridge · Sep 27, 2026 · 1m · transcript

It's not quite Briscoes sale level, but 10% off your student loan is not to be scoffed at.

Unless you're not a student, never had a student loan, and don't plan on sitting in a lecture theatre for three years.

Then you don't really care about this policy except for what it costs you as a taxpayer.

The unfortunate thing about democracy is that we're all taxpayers.

It'll cost almost half a billion dollars next year, totalling almost $600 million over five years.

This is an old trick in Labour's playbook.

Helen Clark secured a third term in power after introducing interest-free student loans in…