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ASUU, ASUP Express Doubts Over Student Loan - Education (3) - Nairaland

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Re: ASUU, ASUP Express Doubts Over Student Loan by Angelfrost(m): 11:49am On Jun 13, 2023
omoadeleye:
What about if government can use their corper allawee to liquidate their students loan.


So it means when you're owing student loan you won't receive any allawee paid to corper.

Now, that would be a disaster! grin
Re: ASUU, ASUP Express Doubts Over Student Loan by Judolisco(m): 11:49am On Jun 13, 2023
Nolevel666:


How many get people for civil service?

Even if they had, what is the probability that those people will stand as guarantors?

The bill has to be amended to tie to the parents or guardians and not a civil servant.

Nobody stands as a guarantor for anyone these days.


most people never read d bill dem jst they comment... D bill will give way to university autonomy... How many people can afford 200k as tuition fees? Hw r we sure that d loan granting process will be transparent in a country where people pay to get juicy NYSC state
Re: ASUU, ASUP Express Doubts Over Student Loan by LordFA: 11:52am On Jun 13, 2023
GeneralPula:
Well, the loan is not a must!

And besides, Repayments of loan starts only once the students gets & starts a job!


Plus it's even 10% to be paid monthly
That's fair enough

1 Like

Re: ASUU, ASUP Express Doubts Over Student Loan by amerengues(m): 11:52am On Jun 13, 2023
GeneralPula:

So what do you suggest?

Honestly, we lost a chance to erect good structure in the education sector. The general populace should have come out enmasse to support government funding of universities when the strike was on...

Now, I keep asking myself, can these students pay 400k? 300k? Students that struggle to pay 15k school fees in government institutions.

As much as we have lost the chance, we can still hold the government accountable for the education bank. Paying back 50% should be pushed and not the whole 100%. Also, minimum wage has to be very high.

BAT has started on a right foot.
Re: ASUU, ASUP Express Doubts Over Student Loan by sevenseas(m): 11:57am On Jun 13, 2023
Millions of Americans have student loan debt, amassing to more than $1.6 trillion by the end of last year, according to the Federal Reserve Bank of New York.
It’s the result of a decades-long explosion in borrowing coupled with soaring education costs.

Student loan debt has reached astronomical levels in the U.S., with 43 million Americans carrying an estimated $1.5 trillion in federal loan student debt and $119 billion in private student loans.

They should rather go and study how Germany is doing it. Universities are very cheap in Germany, Austria, Switzerland.
Re: ASUU, ASUP Express Doubts Over Student Loan by FireUpNow(m): 11:58am On Jun 13, 2023
drizslim:
We all know ASUU is fighting for their pockets and never for the students welfare
Not true because students whose parents don't earn up to 500k a year will not be able to access the loan. Are there no children of the poor that manage to go higher institution of learning? Govt has some gains from this bills? Is the loan for everybody?
Re: ASUU, ASUP Express Doubts Over Student Loan by omoadeleye(m): 11:59am On Jun 13, 2023
lomprico:


You dey craze



Your papa dey craze for house
Re: ASUU, ASUP Express Doubts Over Student Loan by JOemmy(m): 12:02pm On Jun 13, 2023
This loan scheme will definitely be hijacked by nigerian criminal politicians later.

2 Likes 1 Share

Re: ASUU, ASUP Express Doubts Over Student Loan by Janedoe007: 12:03pm On Jun 13, 2023
This student loan bill is good but what if you didn't have a job after NYSC or the two years. It literally means you'll be arrested and have to spend another 2yrs in prison.


Let's choose wisely what we are after ooo
Re: ASUU, ASUP Express Doubts Over Student Loan by CodeTemplar: 12:03pm On Jun 13, 2023
ASUU and anything to maintain corruption are like 5 & 6.

Who is the rich and the poor? Except they mean the corrupt elite who have enriched themselves with our commonwealth.
Re: ASUU, ASUP Express Doubts Over Student Loan by Nobody: 12:03pm On Jun 13, 2023
Lol.. in more developed climes once ur through with academics u almost certainly get employed so u can payback the loans but here in Naija same can't be said. It's a good step in the right direction if and only if provisional changes are made where applicable in every other sector. All the same weldon Jagaban. U will finish what u started 🙂
Re: ASUU, ASUP Express Doubts Over Student Loan by CodeTemplar: 12:05pm On Jun 13, 2023
JOemmy:
This loan scheme will definitely be hijacked by nigerian criminal politicians later.
it has been hijacked even before it was conceives as a thought.
They have the funds to send their wards Harvard.
Maybe as time goes. Influential men of means will seek the loyalty of young admission seekers, promise them to pay off their loans in exchange for loyalty and start avoiding repayment or simply loot the system elsewhere to repay.

1 Like

Re: ASUU, ASUP Express Doubts Over Student Loan by Sermwell(m): 12:10pm On Jun 13, 2023
GeneralPula:
Well, the loan is not a must!

And besides, Repayments of loan starts only once the students gets & starts a job!
You don't know how to read?? They said payment is two years after NYSC, and not after getting a job.
Re: ASUU, ASUP Express Doubts Over Student Loan by Sermwell(m): 12:12pm On Jun 13, 2023
shiki:
He who brings the idea of students loan will also find a way to provide job after graduation
This reasoning is really daft I must say! Chai! grin
Re: ASUU, ASUP Express Doubts Over Student Loan by Sermwell(m): 12:14pm On Jun 13, 2023
Timiblanko:
It is a nice development. Kudos to Mr President.

But do we know that school fee payment will not be less that 100k and it would be paid per semester.

Good will help us
But you said it's a nice development na! Why are you now complaining? Una go get sense las las grin
Re: ASUU, ASUP Express Doubts Over Student Loan by Sermwell(m): 12:15pm On Jun 13, 2023
atobs4real:
we beg them to help the poor they did, now what we see is the difference btw the rich and the poor
They are not helping the poor with this bill! Don't let the foool you grin
Re: ASUU, ASUP Express Doubts Over Student Loan by shonepa(m): 12:21pm On Jun 13, 2023
ASUU, seff na thief, why dem no go dey jump upandan....nobody said the loan is cumpulsory, and most of dem have not even studied the full loan package, and they are quick to come online and make yeye statement. And dis people call dem selves professors.... na wa

ivolt:
The student loan bill is a scheme by the government to stop sponsoring tertiary education
and end all education subsidy.
Students will access loan at the true value of their school fees.
Which will be at the same level or very close to private schools such as Covenant.
The biggest beneficiary of the bill will be school management who can now independently
determine how much to charge.
The era of cheap tertiary education is over if this bill is fully implemented.

It may also mark the end of national ASUU because ASUU can no longer fight the government
for any policy enacted by their individual university.
Re: ASUU, ASUP Express Doubts Over Student Loan by Bhol28: 12:22pm On Jun 13, 2023
GeneralPula:
Well, the loan is not a must!

And besides, Repayments of loan starts only once the students gets & starts a job!
That is what people need to know.Only when u get job u can start paying the loan.
Re: ASUU, ASUP Express Doubts Over Student Loan by Yadid(m): 12:23pm On Jun 13, 2023
DaddyJapan:
My main quibble with what I have read so far is with the punitive sanction of two years in prison for defaulters.

Haba! We plan to jail those who default on student loans? In a society where the political elite and affluent still operate freely with impunity?


Source: https://punchng.com/breaking-tinubu-signs-student-loan-bill-into-law/


Wow! Just seeing this part. This thing looks more evil than good to me in the long run
Re: ASUU, ASUP Express Doubts Over Student Loan by shiki(m): 12:24pm On Jun 13, 2023
It's the govt. that will make the economy friendly for job creation nah, so don't be Stupid, Ok?
Sermwell:

This reasoning is really daft I must say! Chai! grin
Re: ASUU, ASUP Express Doubts Over Student Loan by akin9ja78(m): 12:26pm On Jun 13, 2023
Federal government nor dey collect loan back if you pay am back na Sara you dey for them be that

1 Like

Re: ASUU, ASUP Express Doubts Over Student Loan by Selfmotivated: 12:27pm On Jun 13, 2023
Re: ASUU, ASUP Express Doubts Over Student Loan by nedekid: 12:36pm On Jun 13, 2023
GeneralPula:
Well, the loan is not a must!

[b]And besides, Repayments of loan starts only once the students gets & starts a job!
[/b]
Payment starts after 2 years of nysc not whenever the deptor gets a job.
Re: ASUU, ASUP Express Doubts Over Student Loan by Nobody: 12:42pm On Jun 13, 2023
shiki:
He who brings the idea of students loan will also find a way to provide job after graduation
I don't know why they feel the government would want to create bad debt intentionally.

1 Like

Re: ASUU, ASUP Express Doubts Over Student Loan by TollinsN: 1:05pm On Jun 13, 2023
Islie:


https://punchng.com/ASUU-asup-express-doubts-over-student-loan/?amp
The word POOR and RICH is also discriminatory. Even I can say whosoever earn up to ₦300, 000 monthly is not poor, else you encourage them to have more children just to add to problems caused by over population
Re: ASUU, ASUP Express Doubts Over Student Loan by Dexy4yah(m): 1:07pm On Jun 13, 2023
Agbadocassava:
The children of the poor are criminal minded they won’t pay if those terms are not there.


Simple palmpay loans they can’t pay
Rich kid...I dey hail oo
Re: ASUU, ASUP Express Doubts Over Student Loan by Bestwords: 1:10pm On Jun 13, 2023
RiP Nigeria🇳🇬
Re: ASUU, ASUP Express Doubts Over Student Loan by elayomohammed(m): 1:26pm On Jun 13, 2023
ASUU, ASUP? Useless unions that are only about themselves and their members to the core? Let no one try to take the negative route with this bill as its a super welcome development for our dear nation. ASUU and ASUP can go and chop shit and die for good.
Re: ASUU, ASUP Express Doubts Over Student Loan by yemitty203: 1:44pm On Jun 13, 2023
drizslim:
We all know ASUU is fighting for their pockets and never for the students welfare

Wetin concern ASUU here?
Re: ASUU, ASUP Express Doubts Over Student Loan by yemitty203: 1:47pm On Jun 13, 2023
iammo:
cool



ASUU must find a way to strike, this is the only way they get to teach in private university


If you can pay your tuition without loan nobody forces you to take student loan

If you can't pay back the loan then don't take it

It seems you don't understand the issue. ASUU won't embark on strike because of student loan. Private universities prefer to higher PhD holders and professors. That's why some lecturers will still teach in private universities. Besides that, private universities also higher them to cut cost and put them on part-time or visiting positions.




.
Re: ASUU, ASUP Express Doubts Over Student Loan by Blitzking: 1:48pm On Jun 13, 2023
Islie:


https://punchng.com/ASUU-asup-express-doubts-over-student-loan/?amp
Let the loan also be available for ppl to do business..not for education alone after graduating let there be loan to open businesses..and let us run a credit economy like in developed countries..its an attempt to curb the japa trend...if you no pay your debt you are bound for a very long time and you won't be able to travel.you would be blacklisted..and school fees would skyrocket pass the current level

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