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Fri, January 12, 2007 : Last updated 21:14 pm (Thai local time)



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Home > National > Students to be sued





Students to be sued

The Student Loan Fund (SLF) plans to sue about 60,000 graduates for failing to repay loans that funded their studies.

Fund manager Prempracha Supasamout said yesterday that defaulters rarely got back in touch even after being issued repayment notices and warned of possible legal action.

"We need to file the lawsuits by July 4 or else the statute of limitations for these cases will pass," he said.

The cases involved about Bt6 billion in principal, interest and fines, he said.







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