Students who couldn’t pay their debts became executives
CHP Adana MP Ayhan Barut said students sent abroad to receive foreign currency-indexed education scholarships got into debt due to exorbitant increases in the exchange rate.
Stating that the debts of students who went abroad with the help of foreign currency-indexed scholarships grew exponentially with rising exchange rates, Barut said, “Debt and compensation lawsuits are being filed against scholarship recipients and their guarantors that they were unable to pay their debts to the Ministry of National Education in the process. Academics who are prosecuted face millions of lira in compensation and court costs. A solution must be found for our students who went abroad to study and returned with debts.”
SUGGESTED QUESTION
CHP Adana MP Ayhan Barut submitted a parliamentary question to the Presidency of the Turkish Grand National Assembly (TBMM), requesting a written response from Minister of National Education Yusuf Tekin.
Making a statement about the house, Barut made the following statements:
“In order to train the qualified workforce that higher education institutions and other public institutions and organizations need, the debit of the indexed exchange compensation of the scholarship holders sent abroad within the scope of the YLSY program by the General Directorate of Higher Education and Foreign Education affiliated with the Ministry of National Education to study within the scope of Law No. 1416 had disastrous consequences. The debt of the scholarship holders has reached millions of liras with the economic crisis that our country is experiencing and the unstoppable increase in exchange rates.
“THEY ARE EXECUTIVES, THEY ARE LOOKING FOR A REMEDY”
Recalling that students who received scholarships to study abroad could not pay the price of the exorbitant increase in the exchange rate, Barut said: “Students and their families, whose debts have reached millions of liras with the increase in the exchange rate Instead, they lack the economic power to pay these amounts and are victims. In addition, lawsuits for millions of liras are filed in the First Instance Civil Courts against scholarship recipients and their guarantors who cannot pay their debts within the process given by the Ministry of National Education. Hundreds of academics who are prosecuted face millions of lira in compensation and court costs. A solution must be found for our students who went abroad to study and returned with debts.”
“WILL THE CURRENCY BE FIXED?”
In the motion tabled by CHP Adana MP Ayhan Barut, to be answered by the Minister of National Education, Yusuf Tekin, “Will there be a currency peg to eliminate student complaints? Do you have any work on student debt restructuring? Will there be a solution?” Questions were asked.