College student loan interest rate 2.7% → 2.5%

The second semester student loans from 0.2% p lower

"Youth Student burden is expected."

From 5.8% in 2009 to 2.5% in 2016 

Ministry of Education known as Fall 2016 semester, the government student loan interest rates to 2.5% in the last quarter gyeonjwo 2.7% 0.2% p announced plans to cut seven days. Korea Scholarship Foundation receives a second semester student loan applications coming from 11th.

(Loans to pay off when less income 8 decile students occur over a certain income after employment), the Ministry of Education has a day party and the government and the ruling party agreed saenuri after employment repay student loans and general student loan (income 9-10 percentile student period and repayment grace He said the interest rate applied to the loan to pay off the set period) has decided to cut 0.2% p to 2.5% coming from the second semester last semester of 2.7%. The Ministry of Education said, "but in the future international economic conditions, such as the aftermath of the possibility of a US interest rate hikes and Breck sheet uncertain, decided to cut interest rates to alleviate the burden of student youth". Student Loan cumulative 7 trillion 8600 billion when considering the point and the second semester of the fact that projections 400 billion won loan looks to reduce the interest burden to a total of about 16.5 billion won this rate cuts Ministry said.

Korea Scholarship Foundation was established shortly before the first semester of the student loan interest rate banks in 2009 amounted to 7.3%. Korea Scholarship Foundation for the first time, student loans student loan interest rate was 5.8% in the second semester of 2009 conducted gotta cut continuously dropped to 2.9% in 2013, has been cut back to 2.7% in the second quarter of 2015.