INDEPENDENT NEWS

Only ACT supports a serious conversation with millennials

Published: Thu 18 Aug 2016 03:49 PM
Only ACT supports a serious conversation with millennials
National’s defence of the failed interest-free student loan scheme leaves only ACT prepared to discuss the policy.
“Today’s New Zealand Initiative report confirms what ACT has believed all along," says ACT Leader David Seymour. "The 2005 decision to remove all interest from student loans was a cynical bribe that has not made access more equal or millennials better off.
“The loan scheme does nothing to assist students struggling to move up from poorly-performing secondary schools. The scheme instead gives a subsidy to those students who have already succeeded in gaining university entrance, and who are statistically going to be earning far more than average. We should instead be targeting spending towards areas of greatest need.
“The question for millennials is what sort of policy will our generation support: vote buying and deception, or asking hard questions about tertiary spending? Do you want to pay for your own education once, or pay for others’ bad decisions for the rest of your tax paying career?
“In 2005 National had the courage to call the policy a bribe. By 2008, under John Key, they’d changed their tune, saying it was too hard politically to scrap the policy. Now Stephen Joyce is flat-out defending the scheme, showing National has come full-circle from a party of principle to a party of expediency.”
ENDS

Next in New Zealand politics

Finance Minister And RBNZ Governor Agree To Update MOU On Macro-prudential Policy
By: New Zealand Government
Government Offers Formal Apology For Dawn Raids
By: New Zealand Government
Bill Introduced To Protect Against Conversion Practices
By: New Zealand Government
Successive Governments Responsible For Massive Breaches Of The Right To A Decent Home — Human Rights Commission
By: Human Rights Commission
NZUS Council Welcomes Nomination Of Senator Tom Udall As US Ambassador To NZ
By: NZUS Council
Visa Extensions Welcomed By BusinessNZ
By: Business NZ
Green Party Welcomes Conversion Therapy Prohibition Bill
By: Green Party
Te Pāti Māori Welcomes Announcement Of ‘Ban Conversion Therapy’ Bill
By: The Maori Party
The Salvation Army Supports Proposed Conversion Practices Prohibition Bill
By: Salvation Army
View as: DESKTOP | MOBILE © Scoop Media