Latest / Auckland News Today | 2 Min News | The Daily News Now!
National’s Student Loan Plan | Auckland News
Student loans just got a major policy twist: National’s plan to slash the repayment rate from 12% to 10% starting April 2027 could save grads up to $1,000 a year — but it’s not all goodwill. They’re also cracking down on overseas borrowers, adding interest, blocking KiwiSaver withdrawals, and chasing defaults — since 93% of overdue debt comes from Kiwis abroad. It’s a double-edged sword: relief for locals, pressure on those who’ve skipped town. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.