US EditionStudy Loans Are Becoming Increasingly Rare
3 Articles
3 Articles
In German university cities, the cost of living is high. Those who still want to study in Munich, Münster or Mainz need a lot of money. Only where? According to a current survey, student loans are not a good option, demand is falling.
The number of student loans awarded in Germany reached a low level last year, according to a study by the non-profit "Centrum für Hochschulentwicklung" (CHE) in Gütersloh. According to this, 12,965 new contracts were concluded for a student loan or education fund. This was about 3,600 less than in the previous year.
In Germany, fewer student loans are being re-acquired. According to experts, this is mainly due to the high interest rate with the state-owned provider KfW.
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