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Bad debt related to student loans hits 100 billion baht
Bad debt related to student loans hits 100 billion baht
FRIDAY, JANUARY 19, 2024
The Student Loan Fund (SLF) is facing debt of more than 100 billion baht, up from 90 billion baht in 2022. The increase is due to several factors, including the economic downturn, the rising cost of living, and the difficulty of finding a job after graduation.Many refusing to repay student loans despite fat bank accounts: study
Many refusing to repay student loans despite fat bank accounts: study
WEDNESDAY, DECEMBER 21, 2022
Graduates are still defaulting on repayments despite having more than enough savings to pay off their student loans, according to a study by the National Economic and Social Development Council.Student loan repayments plummet as relaxed terms expected soon
Student loan repayments plummet as relaxed terms expected soon
FRIDAY, SEPTEMBER 23, 2022
The Student Loan Fund (SLF) has seen a steep drop in repayments since last week, when the House of Representatives passed legislation freeing debtors from interest burdens, default fines and guarantor requirements.Student Loan Fund to free guarantors from liabilities under new law
Student Loan Fund to free guarantors from liabilities under new law
FRIDAY, FEBRUARY 25, 2022
Students will no longer require guarantors to borrow from the Student Loan Fund once a new law comes into effect, the fund chief said on Friday.Student Loan Fund scraps requirement for guarantors
Student Loan Fund scraps requirement for guarantors
THURSDAY, APRIL 29, 2021
The Student Loan Fund has prepared measures to help alleviate the financial burden of borrowers amid an economic recession caused by a fresh wave of Covid-19, manager Chainarong Katchapanan said on Wednesday.New Student Loan Fund borrowers may not need guarantors
New Student Loan Fund borrowers may not need guarantors
WEDNESDAY, NOVEMBER 18, 2020
Deputy Prime Minister and Public Health Minister Anutin Charnvirakul proposed to the Cabinet that new borrowers of the Student Loan Fund should no longer be required to have a personal guarantor, said deputy government spokeswoman Traisulee Traisaranakul on Tuesday.
Parents’ unemployment, pay cuts force more students to seek loans
Parents’ unemployment, pay cuts force more students to seek loans
MONDAY, NOVEMBER 02, 2020
Thailand’s Student Loan Fund (SLF) said more students are seeking loans this year, especially since many parents have lost their jobs in the fallout of Covid-19.Student Loan Fund introduces measures to ease debt repayments
Student Loan Fund introduces measures to ease debt repayments
THURSDAY, AUGUST 29, 2019
The Student Loan Fund (SLF) has issued five measures including a one-year debt suspension period for those who are holders of state welfare smart cards. Amnat Charoen family can’t shake loose student debt
Amnat Charoen family can’t shake loose student debt
MONDAY, JULY 22, 2019
An Amnat Charoen man and his daughter have complained that land they owned was put up for auction to cover her Bt40,000 debt to the Student Loan Fund (SLF) even though they repaid the debt with full interest in June last year.Major concessions for loan-defaulting students
Major concessions for loan-defaulting students
FRIDAY, JULY 05, 2019
The Student Loan Fund (SLF) has adjusted its court settlement contracts to allow embattled debtors extensions of their loan repayment periods for up to 15 years and a 75 per cent reduction of imposed fines.