The Academic Staff Union of Universities (ASUU) beneficiaries of student loan initiatives in other countries were committing suicide over their inability to repay debts.
The ASUU National President, Prof Emmanuel Osodeke stated this while speaking on Channels Television’s Sunday Politics.
He said, “This would have been better if we are giving it to those set of students who are very poor, it should be called a grant, not a loan.
“It should be called a grant since it is coming from the Federation Account and not that (after) these people have accessed it and when they are graduating, they have heavy loads behind them and within two years, if they don’t pay, they go to jail.”