Indonesian Political, Business & Finance News

Debt traps 6,000 teachers

Debt traps 6,000 teachers

BOJONEGORO, East Java: Some 6,000 elementary school
teachers in this regency are so riddled with debt that they
cannot do their jobs properly, a local official said.

Chief of local education and culture office Muh. Sujud
told Antara this week that some of the teachers must spend their
entire monthly salary repaying their debts.

Although there is a regulation limiting the amount that can be
deducted from a teacher's monthly salary to 50 percent, teachers
insist on borrowing money from loan sharks, he said.

Sujud said the government would tighten supervision of money
lending activities at schools. (kod)

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