Student Loans

Fuatilia

More than 600 Hongkongers aged 60 and above have defaulted on student loans under five government schemes funding tertiary and post-secondary studies, owing an average of HK$17,400 (US$2,220) each, the Education Bureau said. It recorded 9,838 default cases involving 8,494 individuals as of January 31 this year, with outstanding amounts totalling nearly HK$126 million. The bureau disclosed the figures in a reply to lawmakers on Wednesday.

Imeripotiwa na AI

A schoolteacher in his 20s from Osaka Prefecture faces opposition from his mother to his marriage because his fiancee is repaying student loans. The fiancee intends to handle the repayments herself, but the mother proposes paying them off instead, leading the couple to postpone their wedding. An advisor urges respecting the fiancee's dignity.

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