Plan reduces student loan interest to 2 percent for 90 percent of Chilean students.
The state, not banks, are to fund higher education scholarships through the creation of a new specialized government agency, Chile’s education minister, Harald Beyer, announced in a press conference at La Moneda on Monday.
“In practical terms, this means that the funds originate from the state and banks cease to fund higher education,” Beyer said.
Chilean President Sebastián Piñera meets with advisors at La Moneda on Monday, April 23 to discuss funding for higher education. (Photo by Jacob Biba/The Santiago Times)Login to read more.
The state, not banks, are to fund higher education scholarships through the creation of a new specialized government agency, Chile’s education minister, Harald Beyer, announced in a press conference at La Moneda on Monday.
“In practical terms, this means that the funds originate from the state and banks cease to fund higher education,” Beyer said.
Chilean President Sebastián Piñera meets with advisors at La Moneda on Monday, April 23 to discuss funding for higher education. (Photo by Jacob Biba/The Santiago Times)Login to read more.About the writer
Olivia Crellin
Olivia recently graduated with a degree in English Literature from Cambridge University and has ventured to South America to improve her Spanish and dip her toes in the murky waters of overseas journalism.
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