Uploaded August 2026 | Updated September 2026, 2 weeks ago
The National Party is promising to reduce the compulsory student loan repayment rate if re-elected, while cracking down on overseas-based borrowers | Subscribe: youtube.com/RNZVideo?sub_confirmation=1
It said it would reduce the repayment rate from 12 percent to 10 percent from April 2027.
National would also introduce new financial penalties for borrowers who left the country before paying back their student loan.
That included adding to student loan interest, restricting KiwiSaver withdrawals and making it easier for police to issue arrest warrants for "serious, sustained loan defaults".
Full story: rnz.co.nz/news/politics_election-2026/1175818/national-vows-to-reduce-student-loan-repayment-rate-if-re-elected
The National Party is promising to reduce the compulsory student loan repayment rate if re-elected, while cracking down on overseas-based borrowers | Subscribe: youtube.com/RNZVideo?sub_confirmation=1
It said it would reduce the repayment rate from 12 percent to 10 percent from April 2027.
National would also introduce new financial penalties for borrowers who left the country before paying back their student loan.
That included adding to student loan interest, restricting KiwiSaver withdrawals and making it easier for police to issue arrest warrants for "serious, sustained loan defaults".
Full story: rnz.co.nz/news/politics_election-2026/1175818/national-vows-to-reduce-student-loan-repayment-rate-if-re-elected
