Sunday, February 28, 2010

[pima.nius] Re: Pacific students may qualify for interest free loans when returning home

2:44 PM |

Seriously. This is another scheme that wants to send Polynesians back
home. Why not offer the scheme to any Polynesians as well? It is a
very tempting scheme particularly for young people who may not realise
that is a very risky thing to engage in. Business potentials in these
countries are extremely low, which makes me wonder whether the
motivation to offer these interest free loan is another form of scheme
to drive Polynesians out of NZ, similar to the portable retirement
scheme the govt designed a few years back. Why not offer loans to set
up business in NZ? And why can't students take advantage of the loan
scheme to set up business in NZ, where the potential is far greater
than those respective island nations.The govt often tried to fool the
public by suggesting there is a special relationship between NZ and
those countries. But the kinds of schemes they often come up are akin
to a want to repatriate Polynesians back to the islands. The great
majority of students who will borrow are more likely to end up owing
to the banks etc and I doubt if the government will be there to act as
surety in case these students can't afford the repayments.

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pacific islands media association
pima.nius@gmail.com
aotearoa, new zealand
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