The Ministry of Justice joins hands with the Student Loan Fund to suspend the debt of 4,000 inmates and release more than 20,000 guarantors.

General

Police Colonel Thawee Sodsong, Minister of Justice Presided over the signing ceremony of the memorandum of understanding for cooperation to assist borrowers of student loan funds under the supervision of the Ministry of Justice. Between the Department of Corrections Department of Juvenile Observation and Protection and the Probation Department with the Student Loan Fund (Student Loan Fund), saying that this agreement is that the Student Loan Fund will suspend debt for inmates. that is owed to the Student Loan Fund Then parents and guardians must pledge their assets as collateral. From the survey, there are 4,000 people who are in prison. The Student Loan Fund will release their bail. So that parents can use their wealth to invest in other things. As for the inmates' debt, the debt will be restructured. Suspend payment collection for now. The total debt of the accused is more than 200 million baht, or an average of approximately 45,000 baht per person. In addition, it will help suspend student loan debt and release guarantors. The survey was conducted on a group of probationers. It is estimated that there are nearly 20,000 people who are student loan debtors. Pol.Col. Thawee said that the cooperation is to suspend the debts of prisoners. It will help the Student Loan Fund to know information and follow up on debtors in prison. Help ease the burden on prisoners Relieve the worry that the guarantor's parents will have their assets seized. from defaulting on debt payments Create educational opportunities so that prisoners can return to society. 119 . Source: Thai News Agency