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To write off or not to write off: Two sides of student loan repayment battle

To write off or not to write off: Two sides of student loan repayment battle

14 Sept 04:40 Key points summarised by AI
  • The Student Loan Fund (SLF) is dismissing widespread demands to write off 337 billion baht in student debt, despite a campaign advocating for forgiveness to combat social inequality and support economic recovery.
  • SLF argues that forgiving loans would deprive future generations of educational opportunities and compromise financial discipline, as the self-sustaining fund relies on repayments to provide new loans.
  • While SLF pursues legal action against defaulters, it also offers various flexible repayment options, including reduced interest rates, principal discounts, and extended repayment periods, particularly in response to the COVID-19 crisis.
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Economy 1/1
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