...student loans

what happened to the "study now pay later" program of the government? i don't know the story about this student but i know that the UP has a different system of school fees payment. students from lower income brackets pay less, if any. they are even entitled to stipends.

As far as the Philippine's policy for debt is concern, it is not lenient - way too strict. You need to prove you can pay. and we have to admit, not everyone can pay and not everyone also is willing to pay - they're not creditworthy. i feel for the student. I really do. my sympathies to her. i would suggest the school to make policies that enables students to loan. students can join the cooperative, that way they can loan for their tuition fees. school can also grant sort of scholarship for students who have an average of let's say 2.0 - dean's list. but for those who are really struggling, they can make a little bit of room for tolerance and let the students make up for that. teachers can let the students have their examinations but would not have their grades released or something like that until they pay. at least the students know they have responsibility... and take away the fear that when you can't pay, you can't pass.

Hello jeanne, i don't know if that's gonna work now since it has been tried already buy a company that has something to do with student loans. i believed a scandal came a long the way and such programs never pursued. there's obviously a lot of people now in the US that are drowning in debt because of lack of job opportunities they are forced to look for a job to pay their loans, but if not, they are forced to go home and have their parents pay it for them.

I guess at this website student loans are offered: http://www.rainingpesos.com.ph/

My eldest son just graduated from highschool this march 2013. He will be entering college/university on june as school year starts here in our country. I had been looking for help to help us finace his college to no avail. Scholarship grants goes to students who have good grades only or students with a certain average, sad to say. :( I had been looking for financial aids from politicians and institutions to no avail because of the election period. Can't our children go to college then if the parents have no financial capacity? I mean, why don't our government make educational system at a low cost granting that Dep Ed got the highest in budget? There is a university loan in universities but it is always late or isn't enough. I would consider a student loan from a bank but I presume there are lots of requirements

When I was about to go to college, I have been accepted in 2 exclusive universities and 1 state university. My parents can seek loan to finance my studies but I said, I don't want to graduate college with a loan to my name even before I can even start working. I chose to go to the state university instead where my folks' salaries can afford. Despite other people telling otherwise, that it is better to be a graduate of a private university because they treat the graduates there differently and the quality of education is better. Well, I took all their "advices" with a grain of salt and just studied hard. And I have no regrets. I passed the CPA board exams and I am now about to practice my profession here in the US. Maybe we should be a bit more realistic as well. If we can't afford it, then don't push it. There are other alternatives within our means.

I think that student must have really liked her educational course and been doing very well with it. Some of the way through a change in student fees or a educational establishment closing down it very upsetting and worrying for a student. It is awful that the student killed herself because she struggled to pay her tuition fee. I live in the United Kingdom and I went to university in 1996. My home country's government paid all tuition fees and gave a maintenance grant. In my third year I was able to take out a student loan of 1250 pounds. When I was in my first teaching job I began paying that back. As a parent I would ask for a student loan for my son. He is almost 18 years old and will hopefully be going off to university in the autumn. Student loans should be available and have very low inter rates. Even better they could be interest free.

Student loans are one of the worse traps that we have set up but unfortunately for students going to universities and bigger colleges there really isn't much of a way around them. The worse part is that there really is no way for a student that is working any job that you can get out of high school to be able to afford to pay their way through a bachelor's degree, yet alone a master's or a doctorate's degree. I really don't want to have to take out loans but I feel as though there may not be a way around it. It definitely has me worried that I'm going to have to take out loans for probably at least seven thousand dollars for the next five years probably more so that way I can become a doctor. I think that college classes are way too expensive and I think that countries everywhere should be putting more money into their education system because doing so would help their country to become a better place. I also think that the cost of education needs to be adjusted because it keeps going up while wages and hours to be able to earn money continue to dwindle as the economy continues to plummet. I don't think that trying to better yourself and further your education should put you in such a risky financial situation for the rest of your life. College classes at all levels should be affordable enough so that hard working students could be able to pay there way through college and not have to worry about going into a bunch of debt just so they can try and achieve their dreams.

Student loan is indeed a great idea. However, other countries having this system is not actually helping the student/s or the family due to very high interest. Student loan may be a great way to eliminate or lower the the percentage of out-of school youth, granting that the interest should not exceed to 5% or even lower.

When I am in college, our family can not afford the tuition as well. So I have to take the student loans. Is is such a burden at that time. After my graduation, I am hard working and have paid back the loans now. I think it is not a big deal now. The student as you mentioed is poor, maybe there isn't anyone who can understand her and persuade her that everything will be fine. May god bless her in another world.