Editor’s Insight: Light starts shining at the end of the dark student loan tunnel
A new Ministry of Education report shows repayments have surged since the government started arresting overseas defaulters.
Less than two years ago, taxpayers had lent students nearly $15 billion, with nearly a third of that being written off as unlikely to be paid back.
The borrowing is continuing but government efforts to increase repayments are finally paying off.
The government’s latest report – an impressive
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Editor’s Insight: Light starts shining at the end of the dark student loan tunnel
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