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New Zealand Drops Fees-Free University, Eyes Interest-Free Loans

New Zealand Drops Fees-Free University, Eyes Interest-Free Loans

Published 1 week, 3 days ago
Description

New Zealands government eliminates fees-free university policy, saving taxpayers millions, after it failed to boost enrollment or completions, primarily benefiting wealthier families. Critics argue the move is slow in addressing past wasteful spending and call for the next step: axing interest-free student loans to cut spending and improve market signals for real skills.

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