student loan repayment program
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Jobless graduates default on student loans
About 30 per cent of student-loan recipients in the previous student-loan programme have defaulted mainly because they cannot find jobs or earn less than Bt4,700 a month after graduation, student-loan fund manager Prempracha Supasamout disclosed Sunday.
He said the student-loan programme, which was open to students from low-income families until last year, had approved loans to 2.5 million students to the tune of Bt216billion. Many of the recipients have not yet reached their repayment time.
However, of those who were required to start repaying, only 70 per cent did so.
Prempracha said his office thus commissioned the Chulalongkorn University to conduct the study as to why the loan recipients failed to get jobs or earn more than Bt4,700 a month after their graduation.
More student loan repayment program info
American Education Services to Participate in Financial Literacy ...
HARRISBURG, Pa., July 13 /PRNewswire/ -- American Education Services (AES) will offer two programs for students at the Community College of Southern Nevada's Financial Literacy Day scheduled for Saturday, August 12. The series of free programs will be offered at the Cheyenne Campus's Horn Theatre from 8:45 am to 1:15 pm PT.
Representatives from the AES Default Prevention team will present two Money Matters Too seminars, Time Management and Understanding Your Student Loans. The Time Management class will offer tips on how to make the most of your daily, weekly and monthly schedules by setting goals, developing a plan and prioritizing projects to give you control of all the issues and deadlines vying for your attention. Understanding Your Student Loans will cover the relevant information students need to understand the various types of student loans and repayment options.