Imron Mawardi's opinion piece, "Online Education Loans," published in the Disway Daily on January 31, 2024, discusses the controversy surrounding the online loan scheme (pinjol) used to pay the Single Tuition Fee (UKT) at the Bandung Institute of Technology (ITB). Student demonstrations highlighted the high interest rates charged by PT Inclusive Finance Group (Danacita), which reached 1.75 percent flat per month, equivalent to 21 percent per year, and could even reach 24 percent, according to student accounts.

The article presents data and facts regarding the number of borrowers, total outstanding loans, and interest rates applied by Danacita. Imron Mawardi also highlighted the impact of this loan scheme on students struggling to pay their tuition fees, criticizing that this solution actually burdens them with significant additional costs.

Furthermore, this article shows that the COVID-19 pandemic has increased the number of students struggling to pay their tuition fees at various universities, including Universitas Airlangga (Unair). Although Unair has provided relief and an interest-free installment plan, Imron Mawardi's opinion emphasizes the need for more sustainable solutions, such as utilizing the education endowment fund managed by the Education Fund Management Institute (LPDP).

Imron Mawardi proposes LPDP as an educational funding lender for students struggling to pay their tuition fees (UKT), arguing that the large, "idle" funds should be used to help students more effectively. This article underscores the importance of solutions that don't burden students financially while also providing information on more sustainable educational financing alternatives.

Read more: https://harian.disway.id/read/759450/pinjaman-online-pendidikan