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Bangkok Post

Business

THE TRUTH ABOUT: Student loan rate cut proposed - Caught on Camera

Krisada Chinavicharana

Students go through health and safety measures before going into a class at Matthayombanbangkapi School in Bang Kapi district. (Photo: Varuth Hirunyatheb)

The interest rate for the Student Loan Fund will be lowered to reduce the burden on borrowers, says permanent finance secretary Krisada Chinavicharana.

A draft law to amend the fund set the new interest rate at a maximum of 2%, down from the current maximum of 7.5%, he said.

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