Student Loan Defaulters in Public Sector Face Salary Deductions

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The Controller and Accountant-General, Kwesi Agyei, says his department is collaborating with the Student Loan Trust Fund (SLTF) to begin deductions from the salaries of public sector workers who have defaulted on their student loans.

According to him, the initiative is aimed at ensuring beneficiaries meet their repayment obligations as required by law and strengthening the sustainability of the student loan scheme.

The move is expected to improve loan recovery rates and make more funds available for future beneficiaries seeking financial support for their education.

Officials say the exercise will focus on public sector employees who have outstanding loan balances and have failed to honour agreed repayment terms.

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