The Coalition Government says it is undeterred on its promise to forgive the TELS debt on the basis that students will do service to the country through bonding provisions.
While delivering his national address on the government’s 100 days in office, Prime Minister, Sitiveni Rabuka confirms that the Study Loan agreement will be converted into bonding agreement in the next budget.
Rabuka says the coalition made a commitment to write-off debts related to the Tertiary Loans Scheme and National Toppers Scheme.
He says a Working Committee is looking into the legislation to make provisions on forgiving of TELS debt.