The Conservatives wish to grant student loans to grown-ups
The Conservatives (Høyre) wish to split the State Loan Fund for Education (Statens Lånekasse for Utdanning) into two parts – where one part will offer student loans to adults in need of further education.
The proposal is the Conservative party’s input to the Norwegian Government’s work on the Competence Reform. It has been prepared by Member of Parliament, Mathilde Tybring-Gjedde,
“It is high time to modify the State Loan Fund for Education to cater to the labour market of the future. A labour market where most adult employees must add to their education in order to keep up to date in an increasingly digitized world,” the 26-year-old MP tells VG.
Upper secondary education
The Conservatives also want to offer additional student loans to complete the education for adults who follow upper secondary education. The party also wishes to raise the age limit for reduced student support – so that more grown-ups can educate themselves further, and thus work longer. The age limit is currently set at the age of 45.
Additionally, the Conservatives want to remove the current rule that student loans from the State Loan Funds for Education cannot be granted to persons with less than 50 per cent study progression. The party wishes instead to introduce a scheme where the loan is graded accordingly, VG writes.
Summary of the proposals
- Split the State Loan Fund for Education into two parts, where one part is aimed at a targeted scheme for educational groups where the need for further education is particularly large, for example, skilled workers in some industries
- Offer adults who follow secondary education additional student loans to complete it.
- Eliminate the rule that funds from the Loan Fund cannot be given to persons with less than 50 per cent study progression. Introduce a scheme where the loan is graded instead. Thus allowing for part-time education alongside work.
- Raise the age limit for reduced student loans from today’s 45 years of age. This, so that more persons can educate themselves further, and thus work longer. Evaluate whether one should demand that the person over the age of 45 must commit to repaying in major instalments or in a shorter repayment period.
These proposals will be handed over to the board of the Conservative Party on Sunday.
© NTB Scanpix / #Norway Today