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14 Jan 2026 18:16
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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

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     Top Stories

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    An unhappy All Blacks camp has been painted following the review into last year's end of season review More...

    BUSINESS BUSINESS
    New home building consents were significantly higher last year than the year before More...


     Today's News

    		 Law and Order:
    Police remain at the scene of a fatal shooting at Waitarere Beach this morning 18:07

     Politics:
    Excessive drinking at a Disability Support Services Christmas party is being claimed as partially to blame for alleged unacceptable behaviour 18:07

     Entertainment:
    Chad Michael Murray was relieved to be "humbled a bit" following the peak of his fame during the 2000s 17:53

     Rugby:
    An unhappy All Blacks camp has been painted following the review into last year's end of season review 17:47

     Law and Order:
    Four people have been arrested in a week-long operation around a Christchurch gang funeral - as members began arriving last Thursday, and dispersed yesterday 17:27

     Entertainment:
    Kate Beckinsale has paid an emotional tribute to her stepfather Roy Battersby on the second anniversary of his death 17:23

     Business:
    New home building consents were significantly higher last year than the year before 16:57

     Entertainment:
    Fran Drescher has hailed her "delightful" Marty Supreme co-star Timothee Chalamet 16:53

     Politics:
    No criminal offending's been identified, after complaints of unacceptable behaviour by a Disability Support Services worker - in the aftermath of a Christmas function 16:47

     Entertainment:
    Bob Weir has died 16:23

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