Economists agreeing: student loans edition

By Eric Crampton 21/01/2013

Richard Meadows at Fairfax canvassed economist opinion on New Zealand’s zero percent student loan policy. And economist opinion on this one seems pretty one-sided: get rid of zero percent loans and find more effective means of assisting with access to tertiary education.

Who did they survey?
  • Me (academic)
  • Tim Hazledine (academic)
  • Sholeh Manni (academic)
  • Benje Patterson (Infometrics)
  • Jean-Pierre de Raad (NZIER)
A pretty broad spectrum of academic and consulting economists seem to agree on this one. We’d probably differ a bit on what would be the ideal replacement, but there’s a pretty broad range of policies that would be preferable to the current system.