Mon | Apr 23, 2018

Hyman supports SLB's preference of science and technology students in granting loans

Published:Monday | February 2, 2015 | 10:55 AM
Ralston Hyman - File

Financial analyst Ralston Hyman says he agrees with the Government’s decision to have the Students' Loan Bureau (SLB) place preference on science and technology students in granting tuition loans.



Last week, Education Minister, Ronald Thwaites, said the SLB will continue its preferential policy, adding that Jamaica needs more persons trained in science, technology, engineering, and mathematics, collectively called STEM areas.



He says the policy is a difficult but necessary one as doing otherwise with scare resources, would be irresponsible.



Hyman says it is important that the SLB funding go more towards science and technology where Jamaica has a deficiency.



He says Jamaica’s major objective is to accelerate economic growth, which has been declining since 1973 with limited investments in science and technology.



Meanwhile, a student leader at the University of the West Indies Mona Campus, is questioning whether the Government can guarantee that science and technology students will have jobs after completing their studies.



Guild President, Lerone Laing says the Government must ensure that the society can absorb the graduates if it intends to continue giving preference to science and technology students.



He is also calling for the release of data informing the preference policy.



More than 10,000 students apply to the SLB yearly for tuition loans.



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