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Sufficiency Of Thai Student Financing System?

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Stumbled across this article on the internet Admitted student forced to give up university which is apparently about a talented farmer's son admitted to university but not able to pay for the education, and not able receive funding for it elsewhere.

Out of curiosity, how does the Thai system for financing university education work? I know that there is some kind of national system where students can borrow money to finance education at university level. How (in)sufficient is this system? How is the system set up?

Regs

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