Written By: Jimmy Reid - Date published: 10:24 am, May 2nd, 2012 - 49 comments

Categories: class war, Economy, employment, tertiary education - Tags:

Baby boomers strike again.

In 1989, University fees for domestic students in New Zealand were less than $300. Moreover, for many students, 90% of that cost was met by the government through a fees grant. NZUSA has a very good history of fees in New Zealand.

But I just want to say thank you to the baby boomer generation.

Thanks for pulling that ladder up after you.

I think it is great that graduates are now going to have to repay their loans faster so that you can keep more of your income. Income that you’re probably earning with that fantastic degree you didn’t pay for. It’s not like we are entering the toughest job market in twenty years, with the highest housing prices and an increasing cost of living.

How about I, as a graduate, repay my loan faster when you give yourselves retrospective student loans to repay the state for that free degree you got? Or pay a general tax of thanks for that ladder we no longer have.

Yeah, didn’t think so.

Instead we get asset sales, faster repayments, higher fees and Steven Joyce telling us to be grateful.

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