Student Loan Liquidity Policy Makes Student Customer

Recently, Indonesia is new to the government plan to apply student Loan in Indonesia, this student is like a loan from the government to pay for the education of the community, well, meanwhile during college the community enjoys for free but after graduation, the community is obliged to pay all their tuition fee periodically regardless of whether the community has a job or not).

This plan is done because of the government's desire to imitate the US policy, but the government does not seem to know or pretend not to know about the debt of tuition that has become the highest consumer debt after Housing Loans (KPR) in the State class of the United States, to be made a serious problem because the longer it will get worse, the amount of about $ 1.3 trillion. (Source: New York federal reserve: statistics on US Student Loan 2016)

From a source said, if you want to be free of this credit, every student in the US must pay for 24,300 US dollars (About RP 218 Million).

A total of 22.4 million households in the US, or about 19% have debts at the University. That's doubled in 1989, and up 15% from 2007 (before the crisis) * Pew Research Center. Households in forced use most of their income to pay for the education loan.

Well stemian, the thing is, student lending keeps going up. The trigger is not their expenses during college. However, in many cases, the cause of the skyrocketing profit of students is the cost of education which is also skyrocketing.

So, on the one hand, students are forced into debt, but on the other hand, enrollment fees and tuition fees are kept in genjot according to market law.

What if the policy is applied in Indonesia ?, Higher Education Leadership and Management (HELM) once made a survey about the source of student income of Indonesia, which is 88.16% of student financing comes from parents / family. 4.6% depends only on scholarships.

It was also mentioned when the student's parents were charged the bill, most of them borrowed: brothers 32%, bank 28%, and mortgage 13%. So now only the average parent is already in debt in order to meet the bill of education of his child. (Admit high education is expensive and not everyone can access it).

That will only force little people to work continuously just to pay its debts, Lifetime.