Student-loan guarantor gets reprieve

[bluesofa]

29 minutes ago, nahkit said:

" Now a school executive "

Promoted in recognition of her skills.

The Peter Principle: In an organizational hierarchy, every employee will rise or get promoted to his or her level of incompetence.

 

[IAMHERE]

Well at least she isn't a teacher any longer. ?

[bluesofa]

18 minutes ago, atyclb said:

 

arguably her decision even less sensible than deciding to enter a dangerous cave known to flood after torrential rains began. 

Yes, but she entered the cave because she didn't want to get wet in the rain...

 

[robblok]

15 minutes ago, bluesofa said:

I understand what you're saying. Perhaps it's down to how it was taught at school? I feel reasonably confident when doing it mentally.

 

The eleven times table: 27 x11: Add the two digits 2 and 7, placing the result in the middle: 297. That doesn't need an approximation, as it's just a cheats way to do it mentally. 52x11=572 Just a bit of fun to impress people - but perhaps not a Thai teacher!

 

I went into our local shop for three Leos at 60 Baht each. Gave the woman 200 Baht and told her I needed 20 Baht change. She used a calculator to arrive at the same result, and was astounded I could do it in my head.

Years ago I saw a bar cashier use a calculator to work out 1,000 minus 100.

I'm sure you wouldn't need a calculator for those two, although the locals here seem to.

 

No i would not need a calculator for those two, I can calculate quite wel. But for work related things where one needs to be sure a calculator is better. I do get it you need some basic skills but I feel its just wasted time doing rote learning. I get what you mean and i certainly feel we all need basic skills but beyond basic skills a calculator is what is going to be used. For shopping and stuff i don't need a calculator of course and if I make a mistake its not a problem. But in a work setting making a mistake is far worse. The locals will have to pay for all mistakes they make (from their wages) so i understand them using a calculator to exclude the risk completely.  

[Blackheart1916]

2 hours ago, DoctorG said:

There appears to be a whole lot of Thai teachers who do not understand money management and fiscal responsibility.

And a few in the so called "government", too!

[fullcave]

So 23 "defaulted"? I'm shocked that the number was so low. 

[lubfishin]

3 hours ago, Get Real said:

Help???? For what???

Helping students to achieve good in their seach for education is a techers job, but stand as a guarantor for 60 loans to people you do not even know is pure stupidity.
Sell her house and land to pay of the debt. That will surely tech her to be a little bit smarter in the future.

 

3 hours ago, z42 said:

While I feel for this lady I am also at a loss to figure out what the hell she was thinking. Surely a loan guarantor should be someone who is blood related or an incredibly close and trusted family friend of the person taking the loan.

I am a teacher, and some of the students I have taught over the course of my career have been wonderful people, however if any of them were to ask me to guarantee their student loans I (even in my wettest behind the ears days) would have probably laughed in their faces and said that it is no way my duty or responsibility to do such a thing.

 

And this woman has guaranteed 60 that we know of. Absolutely foolish in the extreme

 

2 hours ago, bluesofa said:

Perhaps she was trying to make it into the Guinness Book of Records?

 

I don't know why you guys are hard on her she had pure intentions of trying to help the students that she cares about that she believed in. She took a risk sure and maybe it was stupid, but at least see the goodness in this woman.

[atyclb]

the government should be the ones backing student loans, not individuals.

[lvr181]

Sure, what she did in being 'guarantor' was silly, BUT she did have the best interests of these children at heart!

 

To punish her for her selfless concern is cruel and there must be a way sought to get around this. But do not punish her by taking her family home. 

 

1). Why were these kids having to raise that money for their schooling? 

2). Why was the SLF allowing a teacher to act as guarantor?

 

Something rotten going on here, in the Kingdom.

 

SAVE THE TEACHER.

 

Let the SLF commence recovery action against the kid's parents. It is the honourable way out of this predicament (some will comment about 'honour', I know). 

[cyberfarang]

“Their parents have also said they do not have any money or assets,” Vipa said.

 

The message they are sending is; ha, ha, ha, up yours, who cares.

 

Nice lady but sadly, she has become a member of, the one born every minute club.

[mike324]

I'm sure students can spare 1000 baht per month and pay it off slowly.

[Cranky]

Headline should be "37 Thai students service their debts"

[bluesofa]

Just now, Cranky said:

Headline should be "37 Thai students service their debts"

No one would be believe it, unless it was preceded by "Nationally"

 

[falangjim]

You can't trust Thais. This is a fact proven over and over again. 

[Jonathan Swift]

4 hours ago, z42 said:

While I feel for this lady I am also at a loss to figure out what the hell she was thinking. Surely a loan guarantor should be someone who is blood related or an incredibly close and trusted family friend of the person taking the loan.

I am a teacher, and some of the students I have taught over the course of my career have been wonderful people, however if any of them were to ask me to guarantee their student loans I (even in my wettest behind the ears days) would have probably laughed in their faces and said that it is no way my duty or responsibility to do such a thing.

 

And this woman has guaranteed 60 that we know of. Absolutely foolish in the extreme

Never lend, or gamble, more than you can afford to lose. A shame that a good hearted lady who tried to help her students fell victim to her ideals and her naiveté. In the US it has been very common over the generations for teachers to buy things out of their pockets like books, uniforms, basic supplies, etc., pay for class trips, some have spent a lot of money, but nowhere near the amount of college tuition. Such a shame that the teacher didn't consult with an advisor about this, I would think that the bank itself might have advised her not to do so. 

[hotchilli]

Obviously not a maths teacher.. or I hope not!

Pure stupidity on her part.. an educated person she understood fully the implications of signing as guarantor for a loan.

And she expected them all to repay as promised? 

Seems to me that teachers can get whatever loan they want from money institutions with ease..

dis the money lender ask just how the loan would be repaid before agreeing funds for the students or did they expect the good teacher to pay-up in each case of a student defaulting?

This is Thailand... no checks, no balances

just stupidity!

It's not help she needs.. more in the line of therapy for guaranteeing a Thai!!

Edited July 26, 2018 by hotchilli

[Jonathan Swift]

They should publish a list of all of the students who defaulted, their parents, and if they are working, the names of their employers. Don't let them get away with this sight unseen

[Classic Ray]

This was not a job for her, it was a job for the families of the children, who should not have been allowed to shirk their responsibilities.

 

If they had no money there are charities and government bodies who can assist, as long as you can stop the government officers stealing the funds as recently reported.

[Retiredandhappyhere]

2 hours ago, Expatthailover said:

Lets hope no one is disturbed, bitter and twisted enough to disparage this fantastic thai woman who has committed these wonderful acts of altruism to help her thai students.

She is typical of the average thai citizen and that is what makes it such a wonderful country to live in.

Why so many dont see this is bewildering

I have lost so much money from the "average Thai citizen" in the form of loans not repaid, in the 15 years I have lived here, that I believe there are many people here who would steal 10000 bahts each from at least 60 people without batting an eyelid. Why so many people don't see this is bewildering to me. but, like the teacher, I have learned my lesson and will not "lend" money to, or act as guarantor for, anybody in future.

[maddox41]

Seems like a lovely lady.  Trying to help others. But rule number 2) never lend  money to Thai people you will never see it. As they always have a reason  not to pay you.  I have no money. But you see them on Facebook the next week with pics off their new car it   Louis Vitton hand bag or they holiday snaps in Japan. 

Kudos to the students that paid there loan. 

 

[Bangkok Barry]

4 hours ago, z42 said:

While I feel for this lady I am also at a loss to figure out what the hell she was thinking. Surely a loan guarantor should be someone who is blood related or an incredibly close and trusted family friend of the person taking the loan.

I am a teacher, and some of the students I have taught over the course of my career have been wonderful people, however if any of them were to ask me to guarantee their student loans I (even in my wettest behind the ears days) would have probably laughed in their faces and said that it is no way my duty or responsibility to do such a thing.

 

And this woman has guaranteed 60 that we know of. Absolutely foolish in the extreme

 

Yes, and not even investigating whether they would be able to pay back the loan, as any money lender worth their salt would do. Now many have claimed that they can't pay it back and nor can their family. It never ceases to amaze me how childish even supposedly educated adults can be in Thailand.

[Stoker58]

She has learned something about Thainess.

[Bangkok Barry]

28 minutes ago, Jonathan Swift said:

They should publish a list of all of the students who defaulted, their parents, and if they are working, the names of their employers. Don't let them get away with this sight unseen

 

You forget where you are. This is Thailand, where damaging someone's reputation - no matter how justified - is a criminal offence. 

[trianglechoke]

little pooh holes, a teacher agrees that out of what I assume is kindness..... And I am certain they still have money for drinks and hookers

[cnx355]

5 hours ago, z42 said:

While I feel for this lady I am also at a loss to figure out what the hell she was thinking. Surely a loan guarantor should be someone who is blood related or an incredibly close and trusted family friend of the person taking the loan.

I am a teacher, and some of the students I have taught over the course of my career have been wonderful people, however if any of them were to ask me to guarantee their student loans I (even in my wettest behind the ears days) would have probably laughed in their faces and said that it is no way my duty or responsibility to do such a thing.

 

And this woman has guaranteed 60 that we know of. Absolutely foolish in the extreme

Yes, even if she did it thinking she  am doing well, sorry, but Thais should learn to live with the responsibility of their act.  Probably a couple of generation to make them understand <responsibility >.

[Retiredandhappyhere]

  3 hours ago, Expatthailover said:

Lets hope no one is disturbed, bitter and twisted enough to disparage this fantastic thai woman who has committed these wonderful acts of altruism to help her thai students.

She is typical of the average thai citizen and that is what makes it such a wonderful country to live in.

Why so many dont see this is bewildering

 

 

What I see first and foremost is that she did indeed have a good heart but nevertheless was irresponsible in guaranteeing 60 loans which she was clearly unable to honour if things went wrong.  As far as your point goes about her action being typical of the average Thai citizen in this wonderful country, I assume then that you certainly do not regard the 27 students out of the 60 who did not repay their loans, despite the selfless action of their teacher, as typical Thai citizens?   So, 45% of the students left their teacher in a position where she might lose her home and yet those already contacted and their families still refuse to pay.

[Jip99]

2 minutes ago, Retiredandhappyhere said:

  3 hours ago, Expatthailover said:

Lets hope no one is disturbed, bitter and twisted enough to disparage this fantastic thai woman who has committed these wonderful acts of altruism to help her thai students.

She is typical of the average thai citizen and that is what makes it such a wonderful country to live in.

Why so many dont see this is bewildering

 

 

What I see first and foremost is that she did indeed have a good heart but nevertheless was irresponsible in guaranteeing 60 loans which she was clearly unable to honour if things went wrong.  As far as your point goes about her action being typical of the average Thai citizen in this wonderful country, I assume then that you certainly do not regard the 27 students out of the 60 who did not repay their loans, despite the selfless action of their teacher, as typical Thai citizens?   So, 45% of the students left their teacher in a position where she might lose her home and yet those already contacted and their families still refuse to pay.

 

 

 

 

Rose-tinted glasses always give a different perspective to reality....

 

 

 

[Tchooptip]

3 hours ago, Expatthailover said:

Lets hope no one is disturbed, bitter and twisted enough to disparage this fantastic thai woman who has committed these wonderful acts of altruism to help her thai students.

She is typical of the average thai citizen and that is what makes it such a wonderful country to live in.

Why so many dont see this is bewildering

It's going to be a bit difficult to digest by a number of honourable old members   

[Lacessit]

She should contact each and every one of the defaulters, and tell them the debt and their identities will be published on Facebook if they don't pay up.

[wvavin]

She is just stupid by pretending to she could even trust her countrymen.