Obaman12:


I have a 4.37 CGPA in my Masters programme at FUTMINNA. Would really appreciate if this truly turns out to be real.

I have an outstanding payment of N252,000 to make for two sessions.

Wow!! Impressive!! Very very proud of you. That money is not so much so I will advise you start putting your credentials together to be among the beneficiaries. Best of luck.

I doubt they will be required to pay before they get a reasonable job. It's credit system. It's helps to build economy.

Mindlog:


Going by antecedent, repayment will be very low as Nigeria do not have the structures to make it sustainable.

Mindlog:


Many neva see chop, you dey talk of repaying all that is owed the loan apps....those financially struggling students with poor credit scores, na dem need this loan pass.

no more education for them. Who send them go borrow loan dey no fit repay??

Na Fg ?

Haba ! You should be able to know when a graduate make comments...

KingOfTheDamned:


Are you a graduate?

This is a good one by the president, truly amazing one .

Hamachi:

Student loans are a financial burden which does not quite make sense on a pure accounting basis. So, you have signed up for a loan (a liability, surrender of your future earnings) and you have nothing to show for it. On the other hand, when you take a loan on a house (a mortgage), you have a liability (a mortgage) and an asset (a house), so when things get tough, you can sell the asset to cover that liability. And in a worst case scenario, you simply file for bankruptcy and walk away from it - with a beaten up credit score, but you recover fully in about 7 years (in US, bankruptcy is removed within 7 years from the person's credit profile). Easy. Simple. Elegant.

Now, we have a student loan. You take a loan and you spend money. You gain nothing tangible - no assets. You have an expectation of future earnings, but it's not a guarantee. However, once you are out of school, loan is due - regardless of whether or not you have means to pay for it, such as a job. Now, when things get very tough - let's say you need to pay rent and you need to eat and you would like to get a family - but the student loan is still there, and it's not going away. You can't discharge it in a simple bankruptcy. You can't make it go away in an easy way - it's a forever burden.

Your summary is longer than post itself. Well as for not having tangible asset for loan. Is there any tangible asset when you pay fees upfront?
The bill is effectively an end to education subsidy at tertiary level. It is a little bit like taking loan at zero interest to buy fuel at N500+ a litre.
I said it a few days ago not realizing a bill was in motion and now it has been signed. Next is forex subsidy AKA collapse of multiple exchange rate or floated exchange rate dictated by market forces.

rbjimoh:


Dindinrin

Oponu

DesChyko:


NB: If a thief steals your car, you do not because he attempts to maintain it, decide that he keeps it. 🤞

NB: Unfortunately, Nigeria is nobody's car and neither is Nigeria presidency.

Spirit7064:

It's a nice Bill

It's a good law obviously, but the details here is too sketchy.

It's just skeletal. Laws are much more that detailed.
Who give the loan
Eligibility.. Degree/ NCE/ ND1/2?
Any age barrier
Etc

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

Ok na your father that's swimming in pool of poverty deserve it🤷‍♂️

With these initiatives, the university curriculum needs to be reform to include courses needed to compete in these centuries. Those outdated syllabus should revisited


Invest more in technical College and remove the dichotomy between HND and BSC. They are supposed to serve different purpose in the society's.

Investment in sports is another area where the citizens can do great things for themselves based on talent and skills set. All of us can't be called a graduate, but we all should be able to live a comfortable lifestyle.

We also need more tech hub to catch those secondary schools student at early age, they will be needed to help Nagivate Nigeria in the tech world.

I see wailers on this thread.

FreeStuffsNG:
Wow!! Impressive!! Very very proud of you. That money is not so much so I will advise you start putting your credentials together to be among the beneficiaries. Best of luck.

I have all my papers intact right away, just waiting for their directives on how to go about getting the loan.

Thanks boss, really appreciate.

FreeStuffsNG:
Wow!! Impressive!! Very very proud of you. That money is not so much so I will advise you start putting your credentials together to be among the beneficiaries. Best of luck.

I have all my papers intact right away, just waiting for their directives on how to go about getting the loan.

Thanks boss, really appreciate..

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

Petty as it is to say, one must admit that his visage and countenance are most unpresidential.

This is going to be another financial disaster for Nigeria.

Look to the USA and other countries to see the future that awaits.

This is not a good program. I know, it seems like a good thing now but it will backfire in the long term.

Nigerians are generally socialist in their socio-economic orientation so they will rejoice.

Good Luck to Nigeria.

Criminals just opened a new plug

Goddyrichie:
stop comparing awolowo to tinubu is an insult cuz awo make education free while tinubu is going to give loan to student they is different between that

Let me tell you what you don't understand... Tinubu mum or adopted mum was always there for awolowo.. campaigning for him.. same dream of awo lives in Tinubu. He is from same front. Education can be free but not at this stage we are in Nigeria. We are debt ridden already.

God!!!

Iyt a waste of time educating naysayers on this thread.

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

Your fada wey president fit where he dey ? 6feet down

lexy2014:


How will tinubu will be the best president since 1999? What has he done?

I thought buhari was the best president since 1999 or since 1960? What happened to him?

How does Tinubu have the spirit of Awolowo and Abiola?

So enlighten us about Tinubu? Let us know more about him

Tinubu and Mko had same agenda and worked together politically.. though MKO was the leader then. But they had same vision. I am just seeing MKO's script playing seeing Tinubu as President.

You are doing well sir, education is the key to everything, Abeg if na only this one President Tinubu fit do for 4 years, I happy... but I dey sure 100% say he go do more. By the way Gbaja thank you too.

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

I laugh in Spanish. Na initial gragra . All will end in Scarm.

No be this country. ?

Relief for people who play sportybet with their school fees.

spiritedtete:


Tinubu and Mko had same agenda and worked together politically.. though MKO was the leader then. But they had same vision. I am just seeing MKO's script playing seeing Tinubu as President.

1. How will tinubu will be the best president since 1999? What has he done?

2. I thought buhari was the best president since 1999 or since 1960? What happened to him?

3. How does Tinubu have the spirit of Awolowo and Abiola?

4. So enlighten us about Tinubu? Let us know more about him

5. What is the same agenda that Abiola and Tinubu have?

6. What is the same vision that Abiola and Tinubu have?

7. What is the Abiolas script that Tinubu is playing as president?

Jeezuzpick:


Okay o.

Common Palmpay dey collect dia money, to say less of student loan wey den go hold de NIN, BVN, phone numbers, etc of both students and their parents.

Somebody deposit im international passport and driving license for a 2 weeks loan, it is now 3 years....the international passport don expire now 😂😂😂

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

HAHAHA i no fit laugh abeg

Hamachi:

Student loans are a financial burden which does not quite make sense on a pure accounting basis. So, you have signed up for a loan (a liability, surrender of your future earnings) and you have nothing to show for it. On the other hand, when you take a loan on a house (a mortgage), you have a liability (a mortgage) and an asset (a house), so when things get tough, you can sell the asset to cover that liability. And in a worst case scenario, you simply file for bankruptcy and walk away from it - with a beaten up credit score, but you recover fully in about 7 years (in US, bankruptcy is removed within 7 years from the person's credit profile). Easy. Simple. Elegant.

Now, we have a student loan. You take a loan and you spend money. You gain nothing tangible - no assets. You have an expectation of future earnings, but it's not a guarantee. However, once you are out of school, loan is due - regardless of whether or not you have means to pay for it, such as a job. Now, when things get very tough - let's say you need to pay rent and you need to eat and you would like to get a family - but the student loan is still there, and it's not going away. You can't discharge it in a simple bankruptcy. You can't make it go away in an easy way - it's a forever burden.


Summary

When we reach the point where politicians are running for office on a platform of, “free college for everyone,” you know that we have gone past the tipping point. “Free” college is just going to throw kerosene on this fire.

We are seeing some cracks around the edges, e.g. coding bootcamps and startup apprenticeships like Praxis, but what is needed is a better educated consumer.

PS

I saw a question on career section this afternoon. “Should I go to school X or school Y? (Money is an object, but I might get some financial aid at school Y.)”

School Y’s cost of attendance is more than twice that of school X. No thought of can I afford either one of these schools? No thought of preparing a financial analysis. We have a generation of irresponsible morons whose parents are mentally absent. That’s why we have a financial aid crisis.






💭Leadership is not about seeking personal glory, instead its about taking responsibility for the people you are in charge of.

🎯Some key takeaways:

✔️Responsible leaders take accountability for their actions. Instead of blaming others, they identify the problem and try to fix it.

✔️Therefore, to become responsible leaders professionals must remember to take accountability for actions and stop blaming others for their mistakes.

✔️One of the foremost qualities in a successful employee or leader is a willingness to accept Responsibility for one's actions and behavior, good or bad.

✔️Taking Responsibility means making decisions, taking action, setting high standards, learning from our mistakes and always doing what we say.

✔️Lastly, leadership is about setting an example. Let see his grandchildren, relatives & family members participate in these students loan

You are the epitome of what not to send to school. You are element of confusion! You ignorant element come online and concoct nonsense and fool many people who will read this write-up and because of what? You go to school and only pick the letters! Jeez! You should be ashamed of yourself! The countries you look up to have student loans and many other facilities. Because you do not understand the meaning of leverage, you come here and speak nonsense! Spit!

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

And your handsome d--dy is driving LAWMA truck in Lagos laugh 😃 😀 😄 😁 🤣

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

Show us your papa photo

Hamachi:
O mu gor, let it start with his family members first, they testify you follow suit.Olawale, ola o ni wale fun e, eleribu omo

Ola ti wole me already...

Iwo looni ri batishe, ooni rona gbegba, ooni bode pade, ni gbogbo ojo aye e, waa ma bolode pade ni.

Omo osu, eranko

LagosFirstSon:
Initial gragra as usual . Buhari did more than this at the begining of his first Time.

But seriously, Bola Tinubu is too ugly , president no fit am.

Buhari never did. Just do well to help your health status as it is obvious that you are just bitter

Hamachi:

Student loans are a financial burden which does not quite make sense on a pure accounting basis. So, you have signed up for a loan (a liability, surrender of your future earnings) and you have nothing to show for it. On the other hand, when you take a loan on a house (a mortgage), you have a liability (a mortgage) and an asset (a house), so when things get tough, you can sell the asset to cover that liability. And in a worst case scenario, you simply file for bankruptcy and walk away from it - with a beaten up credit score, but you recover fully in about 7 years (in US, bankruptcy is removed within 7 years from the person's credit profile). Easy. Simple. Elegant.

Now, we have a student loan. You take a loan and you spend money. You gain nothing tangible - no assets. You have an expectation of future earnings, but it's not a guarantee. However, once you are out of school, loan is due - regardless of whether or not you have means to pay for it, such as a job. Now, when things get very tough - let's say you need to pay rent and you need to eat and you would like to get a family - but the student loan is still there, and it's not going away. You can't discharge it in a simple bankruptcy. You can't make it go away in an easy way - it's a forever burden.


Summary

When we reach the point where politicians are running for office on a platform of, “free college for everyone,” you know that we have gone past the tipping point. “Free” college is just going to throw kerosene on this fire.

We are seeing some cracks around the edges, e.g. coding bootcamps and startup apprenticeships like Praxis, but what is needed is a better educated consumer.

PS

I saw a question on career section this afternoon. “Should I go to school X or school Y? (Money is an object, but I might get some financial aid at school Y.)”

School Y’s cost of attendance is more than twice that of school X. No thought of can I afford either one of these schools? No thought of preparing a financial analysis. We have a generation of irresponsible morons whose parents are mentally absent. That’s why we have a financial aid crisis.






💭Leadership is not about seeking personal glory, instead its about taking responsibility for the people you are in charge of.

🎯Some key takeaways:

✔️Responsible leaders take accountability for their actions. Instead of blaming others, they identify the problem and try to fix it.

✔️Therefore, to become responsible leaders professionals must remember to take accountability for actions and stop blaming others for their mistakes.

✔️One of the foremost qualities in a successful employee or leader is a willingness to accept Responsibility for one's actions and behavior, good or bad.

✔️Taking Responsibility means making decisions, taking action, setting high standards, learning from our mistakes and always doing what we say.

✔️Lastly, leadership is about setting an example. Let see his grandchildren, relatives & family members participate in these students loan

And and your people are always gathering fake documents to go and enjoy same in the UK, US etc. Shameful pessimist.