JUST-IN:ASUU rejects FG’s student loan scheme over psychological trauma it’ll have on students
The Academic Staff Union of Universities (ASUU), Bauchi Zone, has rejected the students’ loan scheme of the federal government, noting that non-refundable grants should be given to Nigerian students instead of loans.
The ASUU Bauchi Zonal Coordinator, Lazarus Maig-oro, disclosed this while speaking at a scholar-ship-for-indigent-student programme held at the Abubakar Tafawa Balewa University (ATBU), Bauchi on Saturday.
He said, “The question is: who will pay the loan?
What is the fate of those who cannot access it? The psychological trauma the students will be subjected to due to the loan while still in studies will affect their performance negatively.
The fact that they will graduate with a loan of N4 million and above without the capacity to pay back will be another psychological torture for students.
Furthermore, those who cannot access the loan due to the stringent conditions attached virtually means dropping out of school. Currently, in view of the hike in school fees or charges in public Universities all over the country, many students have not been able to resume.
ASUU Bauchi Zone is working on getting the statistics of students who may likely drop out of school at the end of the current session with the hope of making the government review its decision on the issue of the loan and replace it with grants.
The ASUU Zonal coordinator stressed that: “I can authoritatively say without mincing words, that as we teach these students in the classrooms, we notice quite a number who are distressed due to the very harsh economic realities of our country.
In the case of Federal Universities, the government seem to have abandoned its constitutional responsibility of funding Universities and left it at the discretion of the various Governing Councils of the Universities to review it at will thereby making some students drop out of school. [continue reading on next slide]