Student loan policies ahead of election

3 stories · since August 2026 Quiet since 30 Sep

Photo: NZ Herald (opens in new tab) · Labour promises to write off 10% of some student loan balances

The story so far

The National Party proposed cutting compulsory student loan repayment rates from 12 to 10 cents for every dollar earned above the threshold, starting in April 2027.30 Aug National said the change is meant to reward graduates who stay in New Zealand, and it also plans tougher penalties for graduates who move overseas to avoid repaying their debt.30 Aug Labour then promised to write off 10% of some student loan balances.27 Sep Labour's proposal was described as a 10% debt cut for people not covered by Fees Free.30 Sep

Latest

Candidates from several political parties debated student issues at the University of Auckland, focusing on the cost of living and student debt.30 Sep The parties clashed over student debt and tax during the debate.30 Sep

Key moments

  1. National proposes cutting loan repayment rate from 12 to 10 cents per dollar.
  2. National also plans tougher penalties for graduates who move overseas to avoid repayments.
  3. Labour promises to write off 10% of some student loan balances.
  4. Parties clash over student debt and tax at University of Auckland debate.

Written from the stories below; each sentence links to its sources.

Key people and organisations

All stories

September 2026

August 2026

Coverage

  • StuffStuff4
  • NZ HeraldNZ Herald4
  • 1News1News2
  • RNZRNZ2
  • NewsroomNewsroom2
  • Otago Daily TimesOtago Daily Times1
  • The PostThe Post1
  • Waikato TimesWaikato Times1