The House Committee on Higher and Technical Education on Monday, Nov. 14, approved a measure that would require the government to issue educational bonds to benefit underprivileged Filipino college students. READ:
Seeking to find more ways for underprivileged Filipino students to afford college education, the House Committee on Higher and Technical Education on Monday, Nov. 14, approved a measure that would require the government to issue educational bonds to benefit underprivileged Filipino college students.
During the deliberations chaired by Baguio City Lone District Rep. Mark Go, Salceda called on the House panel for the bill’s approval, citing the success of a similar program in Canada. According to the bill, the number of educational bonds for issuance shall be based on the yearly average birth rate as officially declared by the Philippine Statistics Authority .
Go maintained that his concern roots from the Philippines’ deficit budget because of its borrowing. Salceda refuted that the country won’t need to release money until the 18th year.
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