Students are leaving tertiary education with increasing amounts of debt. The chart shows that the class of 2016 was the most indebted group yet, and that average leaving debt has doubled in less than 20 years. Student loan debt is a growth industry in New Zealand.
(Source: Ministry of Education, Ministry of Social Development, Statistics New Zealand IDI and Ministry of Education Student Loans Integrated Model.)
(Source: Ministry of Education, Ministry of Social Development, Statistics New Zealand IDI and Ministry of Education Student Loans Integrated Model.)