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Megareform: Government Includes Indication that Allows Partial Cancellation of the CAE to Defaulters Who Agree Payment Agreements

Summary by La Tercera
Within the nearly 80 pages of indications entered by the government into its mega-reform project, there is one that is already beginning to be read as an intention to wink at the opposition sectors with which they want to talk in order to advance the process of the initiative. The new article 34 transitory opens the door to cancellations of certain debts of the Credit with State Avalence (CAE). “Let the Treasury General of the Republic (TGR) giv…

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After the Government entered an indication under the Miscellanea Law that empowers the Treasury General of the Republic (TGR) to grant payment facilities to those who maintain unpaid debts associated with the CAE, the deputies UDI Sergio Bobadilla and Ricardo Neumann questioned whether the proposal does not consider the debtors who are up to date, nor those who have already finished paying their credits.

·Chile
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Within the nearly 80 pages of indications entered by the government into its mega-reform project, there is one that is already beginning to be read as an intention to wink at the opposition sectors with which they want to talk in order to advance the process of the initiative. The new article 34 transitory opens the door to cancellations of certain debts of the Credit with State Avalence (CAE). “Let the Treasury General of the Republic (TGR) giv…

·Chile
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With the focus on the May student benefit allocation results, the debate over the cancellation of the CAE is being moved to the Senate. The government seeks to unlock the last critical knots of the FES, the system that promises to end bank participation and establish contingent payments to income.

In an unexpected political turn, the government of President José Antonio Kast included a key indication within the 80 pages of amendments to its mega-reform (National Reconstruction Project): the power to cancel, in whole or in part, the debts of the Credit with State Aval (CAE). The measure is seen as a strategic «guiño» [...] Kast’s Megareform entry: The surprise “forgive” to the CAE to unlock the Congress was first published in Desenfoque.cl.

The proposal translates the logic of tax collection into educational credit, allowing the debt to be frozen and the timely fulfilment to be rewarded with staggered cancellations.

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adnradio.cl broke the news on Tuesday, May 12, 2026.
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