Law proposed to facilitate education loans established

BANGKOK, 17 April 2015, (NNT) - A proposal will be submitted to the government that would merge the nation’s two education funds, to be managed by a new subcommittee.

Student Loan Fund Manager Prempracha Supasamout revealed that the committee would help identify what majors would qualify for a student loan, based on market demand. Mr. Prempracha claimed the move would ensure graduate employment and guarantee that they would be able to pay off the loan. He said that the fund is currently facing a massive non-performing loan issue.

He explained the subcommittee would consist of government experts and private sector representatives, such as the Federation of Thai Industries, Thailand Chamber of Commerce, Stock Exchange of Thailand, and the Thai Bankers’ Association. Mr. Prempracha said the subcommittee would closely follow the labor market, while managing the education fund and loan payment.

Mr. Prempracha said that the proposed law should require loan candidates to demonstrate good conduct, to ensure the beneficiaries of the fund will graduate into quality employees in the future.


-- NNT 2015-04-17

How about they turn their eyes on the education system itself. These graduates who can not get a job and can not pay their loans is because EVERYONE graduates. With their NO fail system even some idiot who did not learn anything will get a degree. The companies who hire people know this and look to their class positioning at graduation to know if they really understood and learned. So the rest who just skated and copied their way through school can get hired.

If they got these lazy students out of the school system instead of passing them through and paying even more, they could save billions of baht for a student who tries and studies and learns.

How about they turn their eyes on the education system itself. These graduates who can not get a job and can not pay their loans is because EVERYONE graduates. With their NO fail system even some idiot who did not learn anything will get a degree. The companies who hire people know this and look to their class positioning at graduation to know if they really understood and learned. So the rest who just skated and copied their way through school can get hired.

If they got these lazy students out of the school system instead of passing them through and paying even more, they could save billions of baht for a student who tries and studies and learns.

Until the universities develop curriculum and hire lecturers which are designed to cultivate original and critical thinking skills, eliminating flotsam and jetsam is pointless. You just have fewer students memorizing the same worthless information, and not learning how to think for themselves.