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14 Jan 2026 13:32
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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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     Today's News

    		 Entertainment:
    Isaac Mizrahi dec lares Gwyneth Paltrow "has the best a** in show business" 13:23

     Motoring:
    Police are asking people for dashcam or CCTV footage - after a fiery crash north of Rotorua in which a young driver died, and two passengers were seriously injured 13:17

     Tennis:
    Top seed Ben Shelton has taken the first set 7-5 Francisco Comesana in second round action at the ASB Tennis Classic 13:07

     National:
    The World Trade Organization is on life support. Will Trump’s new rules finish it off? 13:07

     Law and Order:
    Tom Silvagni files application to appeal rape conviction 13:07

     Rugby:
    Former All Blacks midfielder Charlie Ngatai is embracing the challenges of life after a 15-year career in professional rugby 13:07

     Entertainment:
    Gwyneth Paltrow's son "wanted to die" after watching her raunchy sex scenes with Timothee Chalamet in Marty Supreme 12:53

     Entertainment:
    The Thing star T.K. Carter has died at the age of 69 12:23

     Law and Order:
    The mayor of Horowhenua says a death and injuries by shooting at Waitarere Beach overnight, near Levin - are a massive shock to the community 12:07

     Technology:
    Rare verified footage of Iran's protests posted online shows how the movement started and how it is growing 11:57

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