Questions to Ask About Your Student Loan Debt

Questions that you should know the answers to:

• How old will you be when you pay your student loan  debt off?
• How much interest and penalties will you have paid by then?
  
  • What about if interest is reintroduced for New Zealand resident student loan borrowers?
    
  • What about if interest rates increase by, say, 5%?
  • What about if the bankruptcy option was removed?
• How much better off, psychologically and financially, would you be if the realistic, expected repayment date was sooner?

If you don't like your answers, or you don't have a realistic idea of your answers, what positive steps could you start taking now to change this?