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Re: Re: [sharechat] Student loans - Adam


From: "charlie brown" <gordy_gecko@hotmail.com>
Date: Wed, 27 Sep 2000 13:50:16 EST


Are these the same hi tech ventures being run by former lawyers and 
skateboard riding BA students??


>From: "Adam Rands" <adam@iguana.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: Re: [sharechat] Student loans - Tony
>Date: Wed, 27 Sep 2000 14:24:30 +1000
>
>sorry to continue this thread......
>
>since when did the student loan scheme become interest free!!!!
>
>i recall paying around 6% on my loan after i finished my studies and the 
>rate of inflation during my studies...
>
>things may have changed since '95.....
>
>maybe the government should also consider giving interest free loans to new 
>hi tech business ventures.. more upside in that than churning out more LLB 
>and BA grads to an economy that has no jobs for them.
>
>i paid my loan of a year ago. if the crackpot NZ govt decided to match 
>repayments dollar for dollar or write off loans i will be the first to 
>complain and ask for a rebate.
>
>
>
>     -----Original Message-----
>     From: Oliver Shapleski <oliver.shapleski@vuw.ac.nz>
>     To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
>     Date: Wednesday, September 27, 2000 1:04 PM
>     Subject: Re: Re: [sharechat] Student loans - Tony
>
>
>     Tony, don't get me wrong.  I actively protest at our university 
>AGAINST the protestors who argue for free education.
>     Indeed I think the loans and allowances are more than generous. That 
>said, if someone is going to establish a system that ENTITLES me to free 
>moeny, there is no way I am going to turn down that entitlement.  As Phil 
>pointed out, I doubt anyone's conscience would deter such behaviour.
>
>     Further I would argue that taking government freebies and reinvesting 
>them in the New Zealand sharemarket is good for all of us.  Yes - many of 
>us would be better off if the government didn't redistribute away from 
>everyone in the first place, but given that the government always has and 
>always will, then the best course of action for me to take from your 
>perspective is to invest the money.
>
>     Personally I can't understand those who don't draw down their 
>entitlement even just to put it in a bank.
>
>     Regards,
>     Oli

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