OJK: 'Student Loan' Is Just An Alternative For Students To Pay UKT

Chief Executive of the Behavior Supervisory of Financial, Education and Protection Business Actors of the Financial Services Authority (OJK), Friderica Widyasari Dewi. (Photo: Doc. Antara)

JAKARTA - OJK Chief Executive of the Behavior Supervisory of Financial, Education and Protection Business Actors, Friderica Widyasari Dewi, assessed that the low interest cost loan loan loan loan loan loan (student loan) loan scheme used to pay single tuition fees (UKT) is only an alternative.

He reminded that financial service products basically aim to facilitate people's lives as long as these products are used appropriately and as needed. Each financial product is not necessarily suitable for everyone, including such as a student loan, this is an alternative that can be chosen by students, especially undergraduate students," said the woman who is familiarly called Kiki, quoted from Antara, Monday, May 27. Kiki views that the scheme requires a mature study by various parties, including banks, if you want to realize the scheme while still considering the main goal is to help students to graduate from college. For example, term and condition is made easier. For example, later if you pay, you can after work and others. So the term and condition can be discussed for all parties with a win-win solution," said Kiki.. On the other hand, if the government has another scheme that allows UKT costs to be very affordable, this step is considered by Kiki to be also better. However, Kiki said, this step is certainly not easy so that financial service products for students can become a bridge. As information, the discourse of a student loan scheme re-emerges in the midst of the high UKT costs, which triggered student demonstrations in various regions. Previously at the beginning of this year, Finance Minister Sri Mulyani Indrawati said that the Supervisory Board of Education Fund Management Institutions (LPDP) was preparing the development of student loans, but still in the assessment stage.

This was conveyed by Sri Mulyani in response to the issue of using loan facilities by students of the Bandung Institute of Technology (ITB) from peer-to-peer lending (P2P Lending) companies which were used to pay UKT. In addition, the country has also warned that student loans do not experience defaults as happened in the United States (US) which resulted in loans that actually burden students.