Consequences for New Zealanders overseas who default on their student loans are being proposed under National's new policy.

If elected, local graduates would keep more of their pay each fortnight, while overseas borrowers could face an extra one percent interest on their loans.

Finance spokesperson Nicola Willis explained that they're hoping to keep skilled young Kiwis in the country.

LISTEN ABOVE

Consequences for New Zealanders overseas who default on their student loans are being proposed under National's new policy.
If elected, local graduates would keep more of their pay each fortnight, while overseas borrowers could face an extra one percent interest on their loans.
Finance spokesperson Nicola Willis explained that they're hoping to keep skilled young Kiwis in the country.
LISTEN ABOVE

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Nicola Willis: Finance Minister on National's new plan for student loan payments

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3e8f07fa-bf01-412a-ab53-b4b60043497d/transcript