Money for studying
Study loans are breaking a – KfW offer “at the zero point”
How can you finance an expensive degree? Always less often with the help of student loans. High interest rates and missing alternatives put pressure on students.
The number of new qualifications for student loans has dropped drastically in the past ten years. In 2024, only almost 13,000 new contracts were concluded – ten years ago it was almost 60,000. This emerges from the current study credit of the Che Centrum for University Development. The “Handelsblatt” had first reported.
Accordingly, the state -owned provider KfW is particularly affected. Its study credit on offer “the zero point”, said Ulrich Müller from the CHE management. He mentions the “unattractive conditions” as the main cause, especially the currently valid interest rate of 6.3 percent.
According to the coalition agreement, the Federal Government wants to work for fair credit conditions and provide a product with fixed interest. However, specific implementation plans are not yet known. According to the report, an inquiry to the Federal Ministry of Education and Research remained unanswered.
The effects could be serious: “Since non -state providers can only close the gap, numerous students have a look,” said Müller. “The KfW leaves them in the rain – in fact, the compulsion to partly threatens the part -time job, an extended degree or, in the worst case, the abortion.”
dpa
Source: Stern
