Education Loan, who avails it

Today or the the present government's initiative of net cent percent primary enrollment is an remarkable deed for this generation. It will be a good foundation for the success of achieving GNH.

But there will be certain clauses which will hamper in the fulfillment of the ideas of GNH. Our constitution grants the right for basic education, which we might say till tenth level. All of our kids get education till tenth level. Then what will be the scenario behind this level. Some gets qualified for govt. high school, some for private and some land up in searching job.

Again another round of selection hits at 12th level and some more lands up in the job market. This will be supplying more number of Lesly opportunist people in the job market, thereby increasing the number of unemployment. Which is a one of the measure our present government wants to take.

Till tenth level our kids get studied by the opportunity provided by the government, after that i think we should give a chance to those who lack opportunity of extending the government's free education support. And the same thing for those who are with such situation after the 12th level.

Yes we have lots of ways to get our education. In order to tackle this problem most of our present financial institution have come up with different policies of "education loan". But one thing is common in all of these policies. If you want to avail the education loan you need collateral, and what are these collateral? These are mostly the immovable properties, that too in the boundary of the municipality. Yes they need to have these collateral because they can't take risk on the public money.

But if we go on with these trend then how many of our kids with their family in remote areas get chance to avail such facilities. It will be benefiting only the haves. what about the have nots? At one point i feel monotonous with such policy because will there product get sold in the market with such policies. I am sure that people who have money of their own won't take the banks money to facilitate their kids education. Then who all will be the beneficiaries.

These policy cant be altered because as stated above banks cannot risk on pubic money. But to get equal opportunity for all, I think our government can intervene in the picture by providing the collateral for those have nots. which  haven't been done as of now.

If our government does this then there will be more of win-win situations. There will be lesser unemployment rate, faster rate of poverty alleviation and some how it will solve currency deficit problem. Think what happens when our kids study more and get employed in abroad. At the same time our country's economy also boosts up.

i have requested about this to many of our parliamentarians but i haven't got any answer from any. hope this piece might do something