Going offshore post graduation? Be ready for your friendly interest-free education loan in order to become an out-of-control financial obligation monster, writes Chelle Fitzgerald.
Away from sight, away from head.
That’s how i discovered myself one more $12K into the gap to IRD. It’s a tale as old as time (the ’90s), and lots of an old student will spin that you comparable yarn. A yarn of how exactly we all fucked down to Australia whenever nationwide ended up being elected looking for a better life. And a much better life we discovered. Going from $10.50 hour to $25 an hour or so ended up being installment loans washington like winning the lottery. I’ll spend my education loan off along with this extra money, we might excitedly inform ourselves. But we didn’t. We spent that extra money on international travel, mediocre strippers, fine fabric items, and mimosas. Continue reading Beset by financial obligation: what goes on when you yourself have a learning pupil loan and then leave NZ