Dread at weight of loan repayments

Monday 31 May 2004

Megan Hall thought that by the time she had reached her late 20s she would be financially comfortable and have begun buying a home.

By The Landlord

Instead, the 27-year-old business analyst lives from pay-cheque to pay-cheque and finds she has to deprive herself of luxuries as she battles to settle her debt.

After five years of study, Ms Hall left the University of Auckland with a BA (Hons) and bachelor of commerce degrees - and a $55,000 student loan debt. Another five years later and she still owes $55,000.

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