13 October 2008
Labour Borrows Another Policy – NZ First
Rt Hon Winston Peters has welcomed the Labour Party’s move to adopt New Zealand First’s longstanding policy of a
universal student allowance.
Labour today announced a three-year timetable to reinstate a universal living allowance for students under 24.
Mr Peters says the policy is long overdue and should be accepted by all political parties so that investment in
education does not become a political football.
“Paying a student allowance is an investment for the future. Our future as a country is being jeopardised by massive
“Young men and women are graduating from our tertiary institutions with student loans that they cannot afford to repay
and many head overseas.
“The next step is to introduce a scheme that enables students to repay loans by working in areas of high need, such as
medicine, for a specified time.
“This system was used successfully in the past and gave great benefits to the students and their employers,” said Mr