Graduates forced to repay student loans | Bangkok Post: news - News Summed Up

Graduates forced to repay student loans | Bangkok Post: news


People who have taken out government-issued student loans will have the outstanding balance deducted from their monthly salary automatically in order to repay the debt in full by next year at the latest, according to Student Loan Fund (SLF) manager Chainarong Katchapanan. The policy covers state officials and company employees, Mr Chainarong said. By October or November civil servants and employees of state agencies who have not repaid their student loans in full will be subject to the new measure. Of the 2 million state officials spread across the country, 10% still owe the SLF money, according to its manager. He said employees or state officials must report the status of their loans to their organisations and allow the SLF to gain access to their personal information.


Source: Bangkok Post May 01, 2018 20:37 UTC



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