Wednesday, October 24, 2007

Student loan

http://www.nzherald.co.nz/section/12/story.cfm?c_id=12&objectid=10471754&pnum=2

My Reply:

Like another student has pointed out. People just do not realize how lucky we are to have the student loan system in the first place.

As a medical student, I have the largest university fees (~$11000 pa) this means by the time I graduate I would have accumulated ~$60 000 in a student loan. Instead of moaning about this, I am extremely grateful for the NZ people (I am an immigrant) to help subsidize my fees. The REAL cost of a medical education comes to around $250 000. That is a cost that my parents cannot afford to pay. So thank you New Zealanders for giving me the chance to achieve my dreams.

I also work part time and during the summer so I calculate that by the time I graduate, I would have paid off my loan.

In addition, the student loan is interest free! What more can you ask for?

I think when people complain about their student loan, they do not realize that tertiary education is not their RIGHT. It is a choice that a person chooses to invest in their future. It involves costs (the loan) and future benefits (higher pay). Its a trade off not a freebie.

2 comments:

keropok lekor said...

I totally agree with you. Hahaha. Hey do you still not have NZ passport?

pinkrollingstone said...

thumbs up chen ~* :) nothing is free. I reckon the govt is already being very nice by investing in us seedlings of unsteady potential but with faith that we can become something for the future of nz.