Students reveal loan mistakes and lessonsCFFC Students share their experience of borrowing to study. If you are planning to take out a student loan for a course of study in the near future, take heed. About 730,000 New Zealanders have a student loan and there is just over $15 billion in outstanding debt. READ MORE: How did your student loan affect you? Boyle said for many people a student loan was the first time they had been in any amount of debt.

Source: Stuff August 17, 2017 17:00 UTC