Gee didn't we all predict this

NZ student loans reach all-time high – 29 Feb 2008 – NZ Herald: New Zealand National news

…and didn’t the leftist all howl us down. Looks like that Debt monster is going to be making a return this election.

The number of students with loans reached an all time high in 2006, Statistics New Zealand data released yesterday shows.

The Statistics New Zealand figures – Student Loans and Allowances 2006 – showed the number of students borrowing under the Student Loan Scheme had increased by eight per cent from 2005 to 2006.

The number of students who received an allowance in 2006 increased for the first time since 2002, but the number of students who only received an allowance – not a loan as well – declined.

Oh well another bribe off of the back of the poor supplicant taxpayer.