
The Student Loan Fund (SLF), which was supposed to help students pursue higher education, ended up being the most counterproductive financial scheme in the country. The latest law amendment to help fix the fund is a good start but the agency that runs the fund needs major reform.
Founded in 1995 to provide loans to students from low-income families so they could pursue a university education, the SLF is ridden with debts -- now some 90 billion baht.