UnitedFuture's response to Labour's student allowance pledge
UnitedFuture leader Peter Dunne says he's not surprised Labour has promised students a universal allowance if Labour's re-elected, but notes the policy will not deal with the fundamental problem of student debt.
"UnitedFuture's policy of zero fees for all tertiary education, with a cap on what can be borrowed for a living allowance, means graduates will leave with much less debt," he says.
“Zero fees will encourage those in the workforce to study part-time and upskill. But part-time students who chose to also work and pay taxes are given nothing at all by extending allowances.
“While we welcome this extra help to students, student allowances are a short-term remedy compared to UnitedFuture’s plan to eliminate fees completely. The cost of these policies is nearly identical, but we think the benefits of zero-fees are simple and fair.
"The fact is that course fees over time are increasing far above that of the cost of living at 5% per year. In ten years time, it will be tuition fees that are crippling students and raising debt." ... Read the full text of this article.