Proposed Students Loan System, Aiming To Encourage Private Education, Not Successful.


The students loan system, the government launched through the higher education ministry for those students appeared to the 2016 A/L exam but couldn’t go to the university, has been completely unsuccessful.

This loan system proposed by the Rajapaksha government as a policy of encouraging the privatization of higher education, started on 2015. For this students loan system, the government is supposed to spend people’s funds instead of government’s funds for the private education.

However, during the allocated period for applying this loan by the bank of ceylon to study in 8 private institutions in which, 38 private academic courses were available, no any student applied for the loan so far.Therefore the higher education minister Kabir Hasheem has advised to the officers to postpone the closing date for the loan applications by another two more weeks.

The students loan system has been decided to issue for 5000 students and Rs/=800.000 for four years and Rs/=600.000 for 3 years. When this loan system being introduced last year, no any student applied for the loan by then as well as this year.

So, it is very obvious that the new education minister is also trying to carry on the students loan system which was introduced by the Rajapaksha’s government.

While leaving the government’s universities’ immense shortages of infrastructure  such as lecturer halls, hostels, lecturers without allocating the grants, the private sectors’ educational institutions like Saitm to be maintained by issuing the financial facilities continuously.

Under these circumstances, these rulers must be forced to increase the educational facilities and secure the purposes of the education for the right future.