Hernán Nobizelli presented CAE collection figures to the Chamber’s Education Commission. Ninety percent of the 558,000 defaulters earn less than 1.5 million pesos a month.
Treasury general Hernán Nobizelli told the Education Commission on Tuesday that 70% of CAE defaulters are aged between 29 and 37. Fifty percent fall specifically between 30 and 35.
Of the 558,000 debtors with executed portfolios, nearly 90% earn under 1.5 million pesos, he said. Nobizelli added that total debt will reach 4.4 trillion pesos by the end of 2026.
He defended the legality of collections, citing Contraloría rulings from 2011 and 2025, and noted that 83% of protection claims have been ruled inadmissible. More than 15,500 debtors have signed payment plans starting at one UTM.
Frente Amplio president Constanza Martínez questioned embargoes on low earners and called for an inquiry. Supreme Court president Gloria Ana Chevesich said courts use mass procedures to handle the cases.
