"Study Now, Pay Later" Scandal

Oh wow I am surprised that there is this scandal existing in the program. I thought this was a good program but I think now they are facing this problem of not getting paid by their beneficiaries. There must be something wrong with the program somewhere. Maybe there is no mechanism in the agreement on how the student will pay them back and how the program will keep track on their students who finish schooling so they can monitor how they will be repaid back. Oh well I guess the students graduated from this program should try to make effort in paying back since they agreed to this arrangement.

Hello there! I didn't know that there was such happening. If this is really true, those beneficiaries should at least show that they are grateful to the government. I was a scholar before and my co-scholars and I helped the community. I hope those beneficiaries would pay as they ought to do.

Well, i think that the government should really do this. After all, those who have taken the program that there is an obligation to pay after. I also hope that with such program many were benefited and there are really students who are taken the program. I believe that you agree with me that corruption is rampant in our county. Who knows if the money was really spent for the students? So with these move, then we will be able to find it that there are really those people who were benefited and if there are, then they must of course settle their obligation.

hi, that program study now and pay later is a really food program for those student who really wanted to graduate and finish there studies,but they can not avoid student to use it and take for advantage to borrow,i didn't experience to have that program.

I think the program will benefit the students who has no money but are intelligent enough to take the risk. Those students take the loan from the banks or any other sources which they have to pay later. So if govt took the initiative to give the hand to them then it is a good start. I am sad to know that people after getting the education are not able to pay.

This is the first time i have heard about this program by our government. Knowing that the government is after those students who weren't able to settle their obligations, i'm thinking now about where the students are now. What are they doing, and what are they're respective jobs are? This is because even if the government tracks them and asks for their "debt" to the government, these beneficiaries still can't pay if they are not yet stable or they haven't found a job yet. I think it would be best if the government would just leave them be because it would still be an advantage for the Gov. for this may bring more taxes.

I heard about this "Study Now, Pay Later" program of the government... and it is sad that others tend to abuse such a program that would sure be beneficial to those who really want to study but cannot afford to... i hope the NBI will eventually catch them...

Yes...definitely they have to pay back...they have to return what the government has given to them in that way, future students can also benefit with the program and that it will not be stop.

Hello Iluvusabado, is there such thing as study now, pay later program, i thought it's only working in the United States?you know it became a failure in the US because of lack of jobs. I don't know about this, seemed like future voters for the next president, or senator. this program is so new in this country of ours.

I heard that news last 8 months ago I think, If I am not mistaken. That news was just a plan but I'm happy that it is implemented now. There is such an enormous hope to those delinquent students that who wants and willing to pursue their education despite that they are behind. Great information. :)

Thanks a lot for sharing this topic. I didn't know that there is this kind of program here in our country. I agree with what you had said that the beneficiaries of this program who had graduated should pay back so that future kids will benefit them. There are so many kids who wants to study but lacks the money. Lucky are those who had acquired these because not so many can benefit this. My son is in his fourth year highschool now and I wish to find a scholarship for him to help me pay in his college/university. I hope with that kind of news, the people concern will go to the CHED and pay. It would be embarassing if they will be denied the NBI clearance or some other government documents

Thanks a lot for sharing this topic. I didn't know that there is this kind of program here in our country. I agree with what you had said that the beneficiaries of this program who had graduated should pay back so that future kids will benefit them. There are so many kids who wants to study but lacks the money. Lucky are those who had acquired these because not so many can benefit this. My son is in his fourth year highschool now and I wish to find a scholarship for him to help me pay in his college/university. I hope with that kind of news, the people concern will go to the CHED and pay. It would be embarassing if they will be denied the NBI clearance

hello iluvusabado, as the name of the program implies it is really simply to understand. I wonder what happened to those student who have loaned this kind of benefit. well they have to pay their responsibility since the program really helped them to study they should pay back.

This is the same under the time of former Macapagal Arroyo and the problem still do exist even in other countries including the US. DepEd said, student loan programs presently in use in the Philippines have a dismal repayment rate of 0%, although the rate has recently improved to 4%. DepEd, must craft and implement a better student loan program “with a repayment scheme that is both efficient and workable whereby students would not be saddled by payment obligations long after graduation.” Students who graduated from this program must take the gratitude and responsibility to repay their loan to insure the continuity of the program in helping more poor deserving students. Have a great night. Ciao!

Thanks for the information. I did not know that such situation exists. This is a sad exhibition of some people's ingratitude towards such programs. I am one with you in wishing that these students be able to keep their words.