Write off 10% of student loans
What it actually does
Labour would cut eligible student loan balances by 10% from 1 April 2027 for NZ-based graduates still repaying who did not receive Fees Free, and wipe remaining balances of $2,000 or less. Future students would qualify after living in New Zealand for three years after study. RNZ reported a cost of $583.4 million over five years; Labour's site gives nearly $40 million a year on a fair-value basis.
Source: labour.org.nz · 2026-09
The Trump take
“Student loan forgiveness! We fought this in America, folks. The courts didn't like it, I didn't like it. You borrow, you pay. That's called a deal.”parody
Why it scored this way
Welfare
Government forgives part of people's debts
-1
Dislikes it
On the same topics
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