Monday, July 25, 2011

Student Loan in Developed Countries ... - Business And Finance

Business And Finance ? Several developed countries on average have sufficient financing system is integrated so as to provide opportunities of its citizens who are economically disadvantaged to continue their education into college. Education financing system with a Student Loan or a loan to learn is one commonly used in developed countries.

Some countries like the United Kingdom, New Zealand, America, Australia, Canada, Norway, Ireland, India, Germany, Sweden and Denmark are some examples of countries that are still actively running the student loan program. If we see from the chart above, the penetration rate of students applying to college with funding through a student loan, then Canada is the highest. Developing countries such as Thailand, Philippines and Malaysia are also active in providing student loans to students.

Most of the student loan on top of the financing system is regulated by the Ministry or the Ministry of Education in each country. This clearly means that the supply of government funds to take an active role in educating its people. For more details about filing systems, processes and systems to get student loan repayment, please click on the links above.

Then how in Indonesia? Currently the government has not given space to run this kind of system in Indonesia. The new Looks like the Foundation is the only institution that provides the best service for the student / students who wish to make a Student Loan at this time.

Indonesian society is still very difficult to get a student loan because of the limited number of institutions providing this service. It?s nothing, because students and students in Indonesia used to be fed for free with a scholarship by the donor agencies either from abroad or from the government and private institutions in the country. Mass media, like magazines, newspapers and the internet was not enlightening in this regard.

Student loan financing is not the best way to continue her education because after completion of studies students are required to repay the funds borrowed during the lecture. This has often caused problems. In some developed countries like New Zealand, some students who have completed education with student loan financing system precisely and then leave the country to work abroad to pay his student loan repayments.

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Source: http://www.charmainelurch.com/2011/07/23/student-loan-in-developed-countries-developing-and-in-indonesia/

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