How big will my student loan be?

While higher future earnings are possible, it usually involves a cost. Eighty percent of learners who study will come away with a debt.

Only a third of all loans are repaid within five years, so this debt isn’t something to be taken lightly. You’ll want to think carefully about a qualification, and how it can benefit you, before you undertake it.

Average leaving debts between 2005 and 2007 are in the table below. As you can see, many people end up with fairly substantial debts, all of which must be paid back from wages and salaries.

The age you leave study	Provider type	Average leaving debt 2005 - 2007
16 - 19		2005	2006	2007
	University	$7,800	$8,220	$8,010
	Institute of Technology/Polytechnic (ITP)	$7,890	$7,470	$7,530
	Wānanga	$8,100	$8,530	$8,310
	Private Training Establishment (PTE)	$9,400	$9,790	$9,880

The age you leave study	Provider type	Average leaving debt 2005 - 2007
20 - 24		2005	2006	2007
	University	$23,580	$23,960	$23,870
	Institute of Technology/Polytechnic (ITP)	$13,960	$14,340	$13,840
	Wānanga	$12,040	$12,550	$13,150
	Private Training Establishment (PTE)	$16,230	$16,360	$16,610

The age you leave study	Provider type	Average leaving debt 2005 - 2007
25 - 39		2005	2006	2007
	University	$20,440	$20,350	$20,400
	Institute of Technology/Polytechnic (ITP)	$12,360	$12,360	$12,390
	Wānanga	$11,500	$11,680	$12,920
	Private Training Establishment (PTE)	$13,050	$14,380	$15,030

The age you leave study	Provider type	Average leaving debt 2005 - 2007
40 - 64		2005	2006	2007
	University	$11,390	$11,080	$11,070
	Institute of Technology/Polytechnic (ITP)	$8,330	$7,680	$8,360
	Wānanga	$9,140	$9,480	$10,640
	Private Training Establishment (PTE)	$9,730	$10,440	$12,990

How big will my student loan be data (Excel, 533 Kb)