Not a bad idea from Coughlan

Thomas Coughlan writes: Once a borrower’s income reaches $24,128, the Government takes 12 cents of every dollar earned above that threshold to pay off the student loan. Someone earning $25,128 ($1000 above the threshold) will pay $120 in repayments. … Australia, for example, doesn’t require borrowers from its main student loan scheme to pay a […] The post Not a bad idea from Coughlan first appeared on Kiwiblog.