Student Loan Interest Rates are Returning for New Zealand Students?

John Key says that students need to respect the taxpayer funding. He says that the interest free scheme costs $1.5 billion per annum. Looking at this from a student point of view, i believe that National should not bring back interest to our student loans. We students already walk out with a pretty large debt when we graduate why should we get into more debt. Also what isn't fair is the fact that our most parents and lecturers did not have to pay for their tertiary education because back in those days it was free. Now that the student generation have to they want to make it harder for us it just isn't fair at all. He argues to say that we don't respect the taxpayer funding, well most of the students have jobs therefore we are taxpayers too. We understand and know that there are people out there that have hard jobs but that is why we are educating ourselves so we have brighter futures. I have nothing against the people that are working hard and only getting paid the minimum wage (maybe National should do something about the minimum wage instead) but i do not believe that there should be interest put back into our loans.

This is a very side topic to planning but it still effects us students because we are the future planners and it will effect us. I just thought I would make a post about it because it is important.