Chile's President Struggles with $12 Billion Student Loan Forgiveness Proposal

Reported 4 months ago

Chilean President Gabriel Boric is facing challenges in fulfilling his campaign promise to forgive $12 billion in student loans, with officials shifting their language from 'forgiveness' to 'solution.' This proposal, expected to be introduced in September, aims to address low salaries in Chile that make it difficult for individuals to repay college debts. Despite facing backlash and divisions within his coalition, Boric, a progressive politician, is seeking to rally support ahead of the 2025 election year by advocating for this student debt relief initiative.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis