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17 Jan 2026 16:17
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      Home > News > Business

    Rising living costs are driving up both the number of first-time student loan borrowers, and the size of their loans

    Rising living costs are driving up both the number of first-time student loan borrowers, and the size of their loans


    The Ministry of Education has released its Student Loan Scheme Annual Report for 2025, showing total borrower numbers rose 0.7 percent year-on-year to 622-thousand.

    Just over 14.7 million dollars was borrowed through the scheme last year - up 5.8 percent.

    The average amount climbed to around 12-thousand dollars, 582 dollars more than the previous year.

    More people entered the scheme than those who left.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     17 Jan: An additional OCR cut is not expected for a while, and there even could be a hike
     17 Jan: Finance Minister Nicola Willis has dropped some hints about this year's budget
     16 Jan: Kiwis are feeling the pinch more at the checkout - than they are at the pump
     16 Jan: Good news for our manufacturing sector
     16 Jan: ???1;The construction sector's feeling optimistic, despite weak demand
     15 Jan: Signs of recovery in at least parts of the retail sector
     15 Jan: Potential for a dairy price recovery
     Top Stories

    RUGBY RUGBY
    Jeff Wilson is backing his former Otago and test teammate Jamie Joseph to take on the mantle of All Blacks coach More...

    BUSINESS BUSINESS
    An additional OCR cut is not expected for a while, and there even could be a hike More...


     Today's News

    		 Entertainment:
    Evan Peters was "shocked" to find out Jessica Lange is returning to American Horror Story 15:53

     Rugby:
    Jeff Wilson is backing his former Otago and test teammate Jamie Joseph to take on the mantle of All Blacks coach 15:27

     Entertainment:
    Carrie Coon insists no one recognises her when she's brunette and her blonde locks make people "see her in a different way" 15:23

     Law and Order:
    The hunt continues for those responsible for a targeted shooting in South Auckland's Onehunga yesterday morning - as their victim fights for his life in hospital 14:57

     Entertainment:
    The nominees for the EE BAFTA Rising Star Award have been announced 14:53

     Entertainment:
    Melissa Gilbert "stands with" her husband Timothy Busfield following his arrest in coonection with child sexual abuse allegations 14:23

     Rugby:
    Munster rugby coach Clayton McMillan insists he is committed to the Irish province in the wake of the All Blacks job becoming vacant 14:07

     Entertainment:
    Cher is seeking over $1 million in legal fees from Sonny Bono's widow 13:53

     Business:
    An additional OCR cut is not expected for a while, and there even could be a hike 13:47

     Rugby:
    Jeff Wilson believes it was firmly the right call for New Zealand Rugby to remove Scott Robertson as All Blacks coach 13:27

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