China News Service, September 14th. Huang Jiayu, Director of the Department of Science, Education and Culture of the Ministry of Finance, said on the 14th that the Ministry of Finance and the Ministry of Education have made repeated calculations regarding the pressure of repayment after increasing the amount of student loans. The loan pressure has not changed much, and the increase in loan quota will not lead to a substantial increase in the non-performing loan ratio.
Recently, the relevant departments issued the "Notice on Further Improving the National Student Loan Policy."
The State Council Information Office held a regular policy briefing on the 14th to introduce the situation and answer questions from reporters.
A reporter asked that after the increase in the national student loan quota, the loan amount for students whose families are in financial difficulties will increase. Will the repayment be affected?
Will the NPL ratio of national student loans increase?
"First of all, let me explain that the national student loan quota stipulated by the policy refers to the maximum amount of money each student can borrow each year. It is a limit, not a fixed amount. Students can pay according to their annual tuition and accommodation fees. Factors such as family economic conditions are determined independently within the limit." Huang Jiayu said that from the actual loan situation over the years, most students did not choose to top the loan according to this maximum limit.
Huang Jiayu pointed out that the Ministry of Finance and the Ministry of Education have made repeated calculations regarding the pressure of repayment after increasing the amount of student loans. The results show that the pressure of student repayment has not changed much, and the increase in loan amount will not lead to the non-performing loan rate. The sharp rise.
The main reasons are as follows:
One is that students who borrow loans have a five-year grace period for repayment of principal after graduation. During the five-year grace period for principal repayment, students only need to pay interest and do not need to repay the principal. For students who are under pressure and have difficulties in repayment , You can choose to use the grace period for principal repayment.
Second, the repayment period of national student loans is very long, up to 22 years, which reduces the pressure on students to repay each year.
Here is an account for everyone. Take undergraduate students as an example. Before the policy adjustment, each person can borrow up to 8,000 yuan per year. After the policy adjustment, each person will increase by 4,000 yuan per year to 12,000 yuan.
If the grace period for repayment is not counted, it is calculated as 15 years of repayment, so that each person will increase by 4000 yuan per year, and the principal and interest he needs to repay will only increase by about 120 yuan per month, so the repayment pressure will increase. It's not big.
Third, with the rapid development of my country's credit system and the continuous improvement of the personal credit system, citizens' credit awareness has generally increased, especially for college students who have received higher education. The autonomy, consciousness, and enthusiasm of repayment are constantly improving. At the same time, the school is also continuously strengthening the integrity education for students, and the undertaking bank is also strengthening the management of loans. It is expected that the non-performing student loan rate will not rise sharply due to the increase in the loan line.