|
|
| |
| Knowledge, Attitude and Perceptions of University Students towards Educational Loans in Tanzania |
Zuena Mwalutambi and Hong Shen
|
Abstract:
The aim of this study is to investigate Knowledge, Attitude and Perceptions of University Students towards Educational Loans in Tanzania. The study adopted descriptive research design and both purposive and simple random sampling in targeting 500 graduates of the University of Dares Salaam and Dodoma. 40% of the target population formed the sample size to collect data through a survey and structured questionnaire. Descriptive analysis technique was used to analyse data, and presented in in this research. Evidence of the study showed that there exists a negative burden on the graduates to manage to make repayments of their education loans extended by the government. Evidence of education loans giving students a positive attitude towards educational utilizations revealed graduates have knowledge on the benefits of education loans. The result reveals that beneficiaries have negative attitudes towards repayment of their educational debt. This has been a great challenge towards economic sustainability of the loan board of Tanzania. The higher education loan repayment rate is below 50%. Therefore beneficiary's altitudes towards repayments should be given special attention
|
|
|
|