ASUU Rejects Student Loan Scheme, Calls for Increased University Funding

The Academic Staff Union of Universities (ASUU), Ebonyi State University chapter ,has vehemently opposed the newly introduced Student Loan Scheme. The union believes that the scheme could lead to increased indebtedness for graduates in an already challenging job market.

ASUU Rejects Student Loan Scheme, Calls for Increased University Funding

The Academic Staff Union of Universities (ASUU), Ebonyi State University chapter ,has vehemently opposed the newly introduced Student Loan Scheme .The union argues that the scheme is not a viable solution to the challenges facing higher education in Nigeria.

During a press conference in Abakaliki, the chapter's chairman, Dr.Ikechuku Igwenyi, criticized the government's approach to addressing the crisis in the education sector. He emphasized that the fundamental issues plaguing universities, such as underfunding, lack of autonomy, and the erosion of academic freedom, must be addressed before any loan scheme is implemented.

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Igwenyi highlighted the government's failure to fulfill previous promises of increased funding for tertiary institutions, citing the unfulfilled pledge of N1.3 trillion for university revitalization. He argued that investing in public universities through adequate funding would create a more sustainable and equitable education system.

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ASUU Ebonyi also expressed concerns about the specific details of the Student Loan Scheme, including the repayment terms, eligibility criteria, and potential impact on students' financial burdens. The union believes that the scheme could lead to increased indebtedness for graduates in an already challenging job market.

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Instead of focusing on loans, ASUU urged the government to prioritize increased funding for public universities, improve the welfare of academic staff, and restore autonomy to institutions. The union emphasized that these measures are essential for creating a conducive learning environment and ensuring the quality of education in Nigeria.