Imron Mawardi's opinion in the article "Online Education Loans" published in Disway Daily on January 31 2024 discusses the controversy surrounding the online loan (pinjol) scheme to pay the Single Tuition Fee (UKT) at the Bandung Institute of Technology (ITB). The student demonstration highlighted the high interest charged by PT Inclusive Finance Group (Danacita), which reached a flat 1.75 percent per month or the equivalent of 21 percent per year, and could even reach 24 percent according to students.
This article presents data and facts regarding the number of borrowers, total outstanding credit, and interest rates applied by Danacita. Imron Mawardi also highlighted the impact of this loan scheme on students who have difficulty paying UKT, criticizing that this solution actually burdens students with significant additional costs.
Furthermore, this article shows that the COVID-19 pandemic has increased the number of students who have difficulty paying UKT on various campuses, including at Universitas Airlangga (Unair). Even though Unair has provided relief and interest-free installment schemes, Imron Mawardi's opinion emphasizes the need for more sustainable solutions, such as utilizing educational endowment funds managed by the Education Fund Management Institute (LPDP).
Imron Mawardi proposed LPDP as a creditor of education funds for students who have difficulty paying UKT, arguing that these large and "idle" funds should be used to help students more effectively. This article underlines the importance of solutions that do not burden students financially, while providing information about more sustainable education financing alternatives.
Read more: https://harian.disway.id/read/759450/pinjaman-online-pendidikan
