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Topic: Jamaican students loan in big trouble...

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MZ Professor
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Jamaican students loan in big trouble...

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THE Students' Loan Bureau (SLB) is projected to have a cash flow deficit of between $15 billion and $19 billion over the next five years unless recapitalised, a finance ministry document obtained by the Observer in March this year suggests.

The document indicates the difficulty that the bureau — which facilitates the financing of loans to needy tertiary students — would have in continuing its disbursements without fresh capital. The deficit would be more money than the $14 billion the Government spends on tertiary education every year.

http://www.jamaicaobserver.com/news/SLB-in-big-trouble_7867438



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*Genius On Board*
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wth, this is madness

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