Finding money for study

Wednesday 24 November 2004

How much student debt is inevitable? Rob Stock researches ways for parents to build a fund that will meet at least some of the costs of their children's tertiary education.

By The Landlord

The high cost of getting ahead is more daunting than ever for young people.

Eye-watering house prices and incessant pressure to consume are tough enough for those entering adulthood. But for most, the high costs of tertiary education have also been passed to them from the state and their parents.

Student loan debt is now around $7 billion - a big burden for New Zealand's young workers to carry while trying to make their way in the world.

And new parents, who dream of saving enough to help their children pay for their education, are also struggling.


Read More - Opens in a new window
Commenting is closed

Property News

Auckland sees highest sales since 2015

The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.

Commercial

Augusta Capital takeover bid now unconditional

ASX-listed Centuria Capital has declared that its takeover of New Zealand property funds manager Augusta Capital is now unconditional, as it has secured nearly 66% of Augusta’s shares.

Mortgages

ANZ eases servicing test

ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment.

Site by PHP Developer