RUMOUR - NZ Loan-funded Training to be slashed...
 

Heard a rumour today that there is talk that student loan funded flight training is going to be slashed to minimal numbers per year..... the figure 30 nationwide was used but I find that very hard to believe.

Anyone in the flight training industry heard the same or similar??

S2K

I think the writing has always been on the wall but yeah 30 would be crippling under any scenario. That is essentially the first semester intake at Massey alone.

Will be very tough for organisations around the country. The University has made significant investment with the new fleet at the School of Aviation so I doubt the government will attempt to jeopardise that.

Oh no bro, that's beached as :E

Perhaps you kiwis will actually have to pay for it like the fellas on the mainland traditionally did. No more kiwis rocking up with a fistful of student loan money to subsidise an entry level GA job? Sounds like a good thing to me!

Certainly the problem was when such funding became interest free while still working in NZ. I admit that I used the interest free training to get into the industry - even or though I had the money. It just made economic sense to put $50,000 into an investment account for five years earning 6%, borrow the $50,000 from the government interest free.

When I left the country I paid the balance of the money owed back and made close to $15,000 on the deal.

I know that I'll be in the minority having worked and saved hard in order to have the funds available for my flying training. But maybe going through your CPL etc will be once again a show one passion for flying, if one has to self fund the opportunity?

There is a Govt policy paper floating around somewhere re this, I cant find my copy, but from memory, it was a capping, then a slight reduction of the number of loans available for this type of industry, but nothing like the number suggested above.

The Govt paper stated that the 'placement' of pilot graduates, was not very high compared to other industries. Funny that.

They were looking to get better 'value for dollars' from student loan funding, in general, and Aviation was one of the more expensive loans..........

Govt policy has reduced funding for night classes at high schools as well, so they are looking hard at expenditure, so they can fund tax cuts.

Anyway, for us aero club types, its business as usual.

Cheers
:ok:

Not a moment too soon.

NZ tax payers paying the interest on the student loans of 100's of poor schmucks who each year get told lies by the sausage factories only to end up paying it all back by flipping burgers, pumping gas or stocking shelves.

Those who really wanna do it find the money somehow. I did and so did plenty of others.

Hard for the sausage factories but it became an artificial industry bubble with so much student money splashing about for jobs that dont exist.

Wait till they bring in the 1500hr rule like the Yanks. That'll be another game changer.

Gee wish I'd been able to get a fistful of Student Loan money, wouldn't be taking it to Australia though that's for sure. Also there are plenty of Aussie's taking advantage of the NZ Student Loan scheme.

Thats because you'll have your hand out for some centrelink money while kicking back on the gold coast in yer budgie smugglers n jandels whining how you can't get a job after sending every operator your resume via email :D

Only so long you can luv out of yer chili bun drunking ViBi eh bro?

Perhaps it should have been The Green Eyed Goblin?
You can't tell me you wouldn't have done it if you didn't have the opportunity. You would have been stupid not to have done so.
Get over yourself. You keep harping on about it all the time.
As said multiple times, there are tons of Aussies on our side of the ditch that are taking advantage of it too.
All rocking up with their "thongs" and "seex packs of XXXX"

Back on topic. They have been saying that the student loan thing was going to stop for a long time, even the ex government was saying the same thing.
Hence why I ended up leaving school a year early to do it. Stupid in retrospect but haven't had any issues with it so far!
Who knows? Maybe they may end up adjusting the funding, but slashing it to what was said will meet a hell of a lot of opposition the length of the country, not just from the students, but also from the organisations the length of the country.

Remember that GA is very limited in NZ with job outside of instructing quite scarce. Cut the funds, you cut the number of students, which in turn will cut the number of instructor jobs in NZ.
You'll end up with MORE kiwis going to Australia to look for work.

Then they will be crying that they can't get any work either now that there are even more bad bad kiwis with their government paid CPLs taking their jobs that they worked so hard to pay for.

Or maybe 'cause they're rolling all over each other to git into that jitstar caditship the student loan funding has become obsolete eh bro. :}

Brilliant
 

I think slashing the funding is a great idea, no more lazy bludgers just signing up.
As said before aswell the less passionate ones will fade away.
More jobs available as a less saturated market too.
As too the Ozzie/Kiwi debate Mr Gobbler I think that the amount of posts you have done says alot about your opinion of yourself, when getting that mirror out of your pocket watch you dont cut yourself BRO........:ok:

Nah bro, the mirror in my pocket is to place beside a Kiwi pie hole to look 'em in the eye when I speak to 'em :cool:

Tis all fun and games :E

Maybe for some but like the US I have very little desire to even visit Australia let alone live in the place.

As someone said to me on this forum last year.

GG WELL DONE
Hook, Line, Sinker, The Bait Box and half the Jetty as Well!!!!!!!!

j3

Like J3 ha pointed out, dont let Greenie wind you up. He's just trying to fill in his time after some Veitnamese bloke took his job at jetstar.:}

It's a bit of a turkey shoot sometimes with these fellas, far to easy to wind 'em up without a bit of rapid fire back.

Such a pity.....

@ Massey: How remarkably open minded of you.....! Good job you're not considering a career in a 'travel' orientated industry :confused:

Sorry was going down GG's route of ridiculous statements. If a decent job comes up I'm quite willing to go anywhere. Hence at this stage I live in the jungle. Some truth in not wanting to go near the US though :).

Green Goblin, Kiwis can't vote and they can't get centrelink money unless they become Australian citizens.

Whereas Australians can move to NZ, live there for 6 months, become permanent residents - vote and qualify for dole money and go to uni all funded by the govt ( well a loan which they are supposed to pay back).

Aussie's got that right when Helen Clark gave up their combat jet fleet... :}

Cos remember, any aggressor will more than likely attack Australia too!

j3

yes, I jest