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Definitely No Interest Rate Cap on Student Loans: Money to MBO Students and a Slightly Higher Grant.
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Definitely No Interest Rate Cap on Student Loans: Money to MBO Students and a Slightly Higher Grant.
It is official: interest rates on student loans can continue to rise to more than 2.5 percent in the coming years. There will be no interest rate cap. The House of Representatives has agreed to this. However, the budget of 40 million euros for students will be retained. The largest part will go towards refunding tuition fees for MBO (vocational education) students who discontinue their studies prematurely. In addition, students will receive a sl…
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