Since the signing into law of the Students' Loan Bill, Nigerians have been crying foul over the inaccessibility of the loan due to eligibility criteria.

One of such voices come from a Facebook user who goes by name: Vitus Ejiogu. He described the Students' Loan as one that is highly inaccessible and not meant for anyone.

The Students' Loan Act was introduced by the Federal Government of Nigeria with the aim of transforming the education landscape. While the announcement was met with enthusiasm by some people, concerns were also raised by individuals who believe there may be underlying political motives behind this decision.

Clarifying his stance, this concerned individual (Vitus Ejiogu) emphasizes that he is not anti-government but harbour reservations about the implications of the Students' Loan Act. He asserts that this programme might serve as a means to gradually eliminate education subsidies without causing significant public outrage.

The Students' Loan Act, which has been touted as a measure to improve access to higher education, raises important questions about the future of subsidized education in Nigeria. As the government initiates this loan scheme, the concern arises that it could signal a shift towards a model where students are burdened with substantial debts upon graduation, potentially hindering their post-education prospects.

While the government's intentions to enhance educational opportunities for aspiring students are commendable, critics argue that the loan system may disproportionately impact the underprivileged. They fear that those from low-income backgrounds may be deterred from pursuing higher education due to the stringent measures associated with obtaining the loans.

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Why should Nigeria own be different, there is student loan in most of the countries. I think it's a good idea and we appreciate the good gesture of the government. It's not compustry to borrow if you are not comfortable with terms and conditions.

Maize247:
Why should Nigeria own be different, there is student loan in most of the countries. I think it's a good idea and we appreciate the good gesture of the government. It's not compustry to borrow if you are not comfortable with terms and conditions.

Thank God you are comfortable, but there are those who cannot cope without outside help. The point being made is this: why do you make a promise with stringent measures when you know that the people need that promise of yours to survive?