In 11 years, less than half of the amount of the guaranteed student loans have been reimbursed to the state. Students refrain from borrowing money because of the high interest rates, although a total of EUR 20 million was earmarked for student loans in 2021. In 11 years, only 1,274 students have applied for a student loan.
Despite the state guarantee, few students apply for student loans, because of the high interest rates. They have to pay 7% interest rate, which equals the interest rate on a consumer loan, Alexander Uzunov from the National Representation of Student Councils told the BNR.
According to Ivan Stoykov, financial expert from the website My Money, it is unlikely that interest rates be reduced, because students may not be able to find a well-paid job after they graduate from the university.
152 years after the death of the Apostle of Freedom, the personality of Vasil Levski continues to excite Bulgarians, regardless of whether they are in the country or abroad. The Embassy of Bulgaria in Athens, Greece , has extended an invitation to the..
Easter 2020 went down in history with two things. The first was the state of emergency, introduced due to the Covid-19 pandemic that imposed a number of restrictions on us, the consequences of which we are still recovering from. The..
At various times in its existence, the BNR's Directorate of Foreign Language Broadcasts, now known as Radio Bulgaria, the multimedia multilingual platform of Bulgarian National Radio, was more than just a workplace for a number of popular journalists...
Exactly a month after the Bulgarian National Radio solemnly celebrated its 90th anniversary, history continues its dialogue with us, its authors. With a..
Overcast, rain
Cloudy
Scattered showers
Cloudy