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Old 13-10-2010, 08:46 PM
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Re: Tieng Viet lovers club

Quote:
Originally Posted by jackbl View Post
Sad case for the students

Banks stop disbursement, university students weep bitterly
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VietNamNet Bridge – Banks and universities have voiced the same concern that the narrowing of the programme on lending to poor university students will force many students out of schools. They strongly believe that the programme needs to be resumed in the same scale in order to fund students’ study.
I know a college student in VN. She told me the tuition is 2 billion dong (S$140) per semester but she could not afford it. She can borrow money from the bank at an interest rate of 6%. This is a very good deal because if she deposits the money in the bank, the interest rate is 11%. That means she can make a profit of 5%.
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