Solution for former students in sight
ORANJESTAD, WILLEMSTAD - There is a solution to the problem of high student loans haunting former students of Curacao, Aruba and St. Maarten. This was one of the topics of the Interparliamentary Kingdom Consultation (IPKO) being held in Aruba.
It was, among others, PAR MP Zita Jesus-Leito, together with the chairman of the standing committee Kingdom Relations and Inter-parliamentary relations of the Parliament of Curaçao, Elmer 'Kadè' Wilsoe, who asked for extra attention to this problem.
To repay the student loan in euros, while the former students earn guilders, which is the local currency, has been very heavy. This has led to many instances where former students had built up a backlog with respect to the repayment of their debt. All these cases were the Dutch DUO (the executive arm of the government for education) redirected to a bailiff which brought additional costs for the alumni.
According to Jesus-Leito the Curacao Student Foundation is working with DUO on a solution where the students returning to the Caribbean can get a better deal for the repayment of student loans. This is done with the approval of the Dutch government and Curaçao.