This topic is in response to the government of Uganda's recent suggestion to start offering loans to college/university students in Uganda. Much as this is a great idea(in fact which has helped many to achieve education),it is not likely to be as effective as it seems because; first of all in uganda almost 80% of the graduates each year fail to secure formal employment.secondly there is a very poor banking system where accountabilty is not that embraced or if embraced, not respected. then lastly the universities can not secure part time jobs for their graduates. That said,how do you expect an unemployed graduate to pay the debt.May be i need your suggestions if iam judging this move as a negative one.
You need to tell me more about the loan structure in order to get an answer. In the UK the loans are low interest and paid back only when you begin earning a certain amount.
A student loan is this country is an entirely seperate entity to a standard bank loan. The quality of any reply to your question is going to depend on you providing further information.
I know nothing about Uganda. I guess they need skilled people to get the infrastructure in place. Other than that you would need to ask the Government of Uganda of their intentions
by Grace Marguerite Williams 6 years ago
Many recent college graduates are currently unemployed. They contend that there are very few jobs comparable to their education. There are some recent college graduates who remain unemployed 4 years after their graduation, They maintain that they rather be unemployed...
by Doodlehead 6 years ago
I have been reading about college graduates who have enormous student loans. Today I readone about a man who went to a top school and graduated in art. He has made $20000 a year for the past two years. His stuent loan payments are equal to his monthly income. ...
by Grace Marguerite Williams 5 years ago
Many recent college graduates are currently unemployed. Yes, we all know that the unemployment situation is not what we would call positive at this point. However, there are some jobs around. These jobs may be not the jobs of the moment but they can sustain the...
by Jason Licerio 6 years ago
Do you think KONY 2012 is just a scheme to get oil from Uganda?
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