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Unlocking Higher Education in Colombia through Innovative Financing
Автор: World Bank Treasury
Загружено: 2024-05-03
Просмотров: 198
Описание:
In 2002, the World Bank and Colombia’s national student loan agency ICETEX partnered to overcome challenges in higher education by financing long-term loans for students from disadvantaged backgrounds.
The Program had a transformative impact on Colombia’s human capital, enabling over 623,000 Colombians access higher education in the last two decades, with students from disadvantaged backgrounds reaching 90 percent in 2023.
The cornerstone of the Program: a robust loan structure that aligned World Bank loan terms to students' capacities to repay their loans to ICETEX.
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