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MOE: Student loan default rate low, write-offs done only as a last resort (Amended)

Lee U-Wen
Published Mon, Aug 15, 2016 · 09:50 PM

Singapore

THE default rate of student loans in Singapore is low compared to other countries, and these loans are written off only as a last resort, said Acting Education Minister (Higher Education and Skills) Ong Ye Kung in Parliament on Monday.

He was responding to questions by Denise P…

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