HEKE Project: will you repay your loan quicker because of it?

Yes
4
15%
No
13
50%
What's this debt thing you speak of? In my day education was free.
9
35%
 
Total voters : 26

Re: Heke Project: "heroic" Or "offensive"?

Postby Wobbler on Fri 1/Apr/11 6:33pm

Fuck paying my loan back any faster than I have to, anyone who thinks otherwise can go fuck themselves
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Re: Heke Project: "heroic" Or "offensive"?

Postby great uncle bulgaria on Fri 1/Apr/11 6:41pm

happybaboon wrote:The baby boomers who creamed it by getting a world class, completely free education need to be "called to action" to demand that the Government (the one that's already putting their desires above all others) increase their taxes.

I agree.
and I would be a twat if that offended me
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Re: Heke Project: "heroic" Or "offensive"?

Postby philstar on Fri 1/Apr/11 7:29pm

happybaboon wrote:Once again the older generation who enjoyed a free education and then kicked the ladder out behind them picking on the youngins. Dicks, really. Implication is that if you've got a student loan and aren't going above and beyond the legislated repayments then you're not "doing your part", which is offensive.


As someone who has paid back their student loan (in lump sum shortly befor they made it intrest free :( ), I still agree with you, they should ask the baby boomers that got a free education to make a 30-100k donation to pay for their education. in my mind its the same ask.
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Re: Heke Project: "heroic" Or "offensive"?

Postby happybaboon on Fri 1/Apr/11 8:09pm

I do support students paying back a bit of their loan if it's what they wish to do... And for overseas people, they're paying interest anyway so it's better for them to pay it back faster anyway. But a rich old man who most likely got his education for free courtesy of the taxpayer trying to guilt young people into shovelling money back to NZ as fast as possible? That maing can STFU and fuck off until such time as he also calls for an increase to taxation on him and his wealthy buddies.
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Re: Heke Project: "heroic" Or "offensive"?

Postby great uncle bulgaria on Fri 1/Apr/11 8:42pm

This is a very personal decision for you to make, and I make this request humbly and respectfully. I also acknowledge that I was part of a luckier generation who didn’t have to take out loans to study. So who am I to ask you


I think he agrees with the "who are you to ask" thing

I agree that its corollary is a request to the "free education generation" who are well off now.
maybe someone should suggest that loudly in public mass media . . .
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Re: Heke Project: "heroic" Or "offensive"?

Postby Percy Pig on Fri 1/Apr/11 9:05pm

Wobbler wrote:Fuck paying my loan back any faster than I have to, anyone who thinks otherwise can go fuck themselves

Gimme bak mi tax dollarse beatch!
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Re: Heke Project: "heroic" Or "offensive"?

Postby JohnDH on Fri 1/Apr/11 9:14pm

Far out Belcher and co are easily offended. Toughen up princesses!
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Re: Heke Project: "heroic" Or "offensive"?

Postby Wobbler on Fri 1/Apr/11 9:15pm

Percy Pig wrote:
Wobbler wrote:Fuck paying my loan back any faster than I have to, anyone who thinks otherwise can go fuck themselves

Gimme bak mi tax dollarse beatch!


eat my bum :p
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Re: Heke Project: "heroic" Or "offensive"?

Postby great uncle bulgaria on Fri 1/Apr/11 9:18pm

on second thoughts, having read the letter, which is couched in pretty respectful terms, if it offends you, maybe some cement pills are in order . . . .

Dear Kiwi working abroad

The Christchurch earthquake has hit us hard. The human suffering of local residents is severe, and for their sake, and for the sake of New Zealand, we need to rebuild Christchurch.

New Zealanders have given generously in the various appeals for funds, but in doing so they can give less to other charitable causes, and the internal shifting of cash resources leads to reduced economic activity elsewhere in the economy. By contrast, help from overseas represents a direct injection of funds from the external world economy, a veritable "shot in the arm".

This is where you can be of enormous help.

There are over 85,000 New Zealanders with student loans living abroad. The total debt is over $2 billion! That represents nearly 30% of the $7 billion that New Zealand taxpayers will have to contribute through the Government's contribution to the rebuilding. And of those Kiwis abroad, 35,000 are behind in their repayments. If we were to get everyone to contribute, even a little, then the effect would be hugely helpful.

Many of you will have already paid off, or be currently paying off loans. Some will have delayed doing that. But what is remarkable about all of you is that you are earning an income in foreign currency, and if you were to decide to start repaying or to accelerate your loan repayment rate, you would not only save yourself interest, but you would be acting heroically to help save your country. Those of you who have no loan can help by spreading the word to your friends and colleagues.

This is a very personal decision for you to make, and I make this request humbly and respectfully. I also acknowledge that I was part of a luckier generation who didn’t have to take out loans to study. So who am I to ask you?

Like you, I worked overseas, and I found that my New Zealand education equipped me really well. I wouldn’t be surprised if you felt the same way. And, I ask you to think of my request less in terms of an obligation and more as a chance to make difference. If, like so many Kiwis abroad you feel frustrated in not being able to help Christchurch enough, then I would ask you to consider what I am proposing. If only a few respond, the effect will be significant, but if most of you do, then you will make history and your contribution will be the stuff of legend.

Yours sincerely

Professor Sir Paul Callaghan
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Re: Heke Project: "heroic" Or "offensive"?

Postby Mickyfinn on Fri 1/Apr/11 9:19pm

happybaboon wrote:The baby boomers who creamed it by getting a world class, completely free education need to be "called to action" to demand that the Government (the one that's already putting their desires above all others) increase their taxes.



what about the underclass doing useless courses that get them no where we have to pay for them
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Re: Heke Project: "heroic" Or "offensive"?

Postby Wobbler on Fri 1/Apr/11 9:21pm

Mickyfinn wrote:
happybaboon wrote:The baby boomers who creamed it by getting a world class, completely free education need to be "called to action" to demand that the Government (the one that's already putting their desires above all others) increase their taxes.



what about the underclass doing useless courses that get them no where we have to pay for them


Given how much of a total retard you are I put it to you that there are no employers who would ever hire you.
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Member for: 7 years 7 months

Re: Heke Project: "heroic" Or "offensive"?

Postby great uncle bulgaria on Fri 1/Apr/11 9:23pm

Mickyfinn wrote:
happybaboon wrote:The baby boomers who creamed it by getting a world class, completely free education need to be "called to action" to demand that the Government (the one that's already putting their desires above all others) increase their taxes.



what about the underclass doing useless courses that get them no where we have to pay for them

how about you do an english class so we have half a chance of knowing what you are blathering on about
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Re: Heke Project: "heroic" Or "offensive"?

Postby happybaboon on Fri 1/Apr/11 10:50pm

great uncle bulgaria wrote:on second thoughts, having read the letter, which is couched in pretty respectful terms, if it offends you, maybe some cement pills are in order . . . .

'Fraid not. He's completely ignoring a far greater group of people. A group of people who are almost entirely to blame for NZ's current financial difficulties because they didn't plan ahead for their retirements. A group of people who recieved their education for free, before instituting charges and loans for the New Zealanders he's now guilt-tripping... And perhaps most importantly a group of people of whom he is a member.

Dude is an epic hypocrite. Until such time as the "New Zealander of the Year" demands his rich buddies contribute too he'll have no support from me.
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Re: Heke Project: "heroic" Or "offensive"?

Postby Simonius_Titius on Sat 2/Apr/11 2:37am

happybaboon wrote: ... STFU and fuck off until such time as he also calls for an increase to taxation on him and his wealthy buddies.


Do you know how the tax rates have changed over the period when higher fees were introduced?

Back when education was pretty much free the top tax rate was 66%. $1 for the worker, $2 to the government, and it didn't stop after you had paid some fixed amount.

Tax rates are pretty flat now but back then they were much more progressive, so adding to your earning power via education meant you would pay a higher rate of tax. At a wild guess it would have been normal for graduates to pay tax at a marginal rate of 50%.

Sure there was an anomaly for a few years for people who got a free education shortly before the tax cuts and didn't get to pay for it through higher taxes.
That sort of thing is normal when violent changes are made in or occur to an economy - some get unfairly shafted, some get unearned riches. Neither constitutes an excuse for others to reneg on their freely entered contract and steal from taxpayers.

There were plenty of losers from the economic changes of which student loans were a small part, so why not compare yourself to them?

I find it hard to believe that most of the loan defaulters have enough understanding of the big picture to even start making an assessment of fairness, and in any case it is unwise to try - we always see good reasons for beliefs which will benefit us personally.
Pay your electricity bill, pay your education bill.
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Re: Heke Project: "heroic" Or "offensive"?

Postby Spokes on Sat 2/Apr/11 9:23am

happybaboon wrote:I do support students paying back a bit of their loan if it's what they wish to do... And for overseas people, they're paying interest anyway so it's better for them to pay it back faster anyway. But a rich old man who most likely got his education for free courtesy of the taxpayer trying to guilt young people into shovelling money back to NZ as fast as possible? That maing can STFU and fuck off until such time as he also calls for an increase to taxation on him and his wealthy buddies.


Students will be able to afford to pay it back cause they will be earning the big $ now. Pay your debit or dont get one in the first place.
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