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US News Loan of 10,000 euros at zero rate for students: The mayor interested, Unef scandalized

19:20  27 january  2021
19:20  27 january  2021 Source:   nouvelobs.com

An “elementary safety allowance” is needed for 18-25 year olds

 An “elementary safety allowance” is needed for 18-25 year olds © Patrick GHERDOUSSI At Aix-Marseille University, on November 11, volunteers from the UNEF distribute foodstuffs to students in need. The economic crisis that followed the pandemic will worsen the precariousness of young people. An unconditional allowance would help them make choices guided by daring rather than angst. Grandstand. Thursday, Emmanuel Macron will make a trip on the theme of youth. It will be aimed at students, who consider themselves left behind by the health crisis.

  Prêt à 10 000 euros à taux zéro pour les étudiants : Le Maire intéressé, l’Unef scandalisée © Copyright 2020, L'Obs

A loan of 10,000 euros at zero rate for young people aged 18 to 25: launched by LREM, the idea enthuses Bruno Le Maire as much as it thrills Unef, one of the main student unions.

"I find it an interesting idea and that all the ideas that will allow young students, who today are in an extremely difficult situation to be told, that we are providing them with solutions, that we are providing them with proposals, deserve to be studied ”, declared the Minister of Economy and Finance on France-Culture on Wednesday January 27th.

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These loans would only be repaid "if we have the ability to repay them, because we have found a trade, a job , which allows you to reimburse them, ”also declared Bruno Le Maire.

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An “emancipation tool”

Stanislas Guerini, general delegate of LREM, had proposed on January 26 the creation of this “young capital” which would aim to help 18-25 year olds to “get started in life”, via the creation of this loan of 10,000 euros at zero rate. The measure would be "not just an anti-crisis shield, but a real tool for emancipation", which should be perpetuated, he explained in an interview with "Le Monde" .


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This amount of 10,000 euros would be accessible without condition of use, would be "reimbursable over a very long period, thirty years", and would be "only if one reaches a certain level of income, which I propose to set at 1,800 euros gross per month, ”he explained.

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"Disconnected from reality"

For Mélanie Luce, the president of UNEF, this proposal is "scandalous" and "disconnected from reality". "Instead of social assistance, we are offered a loan, we do not want to start our working life by going into debt," told on BFM Business. The union calls for students to be more eligible for social assistance, like the RSA, a proposal rejected by senators on January 20:

"We are the only population that has no safety net. We just want to enter into common law with an extension of the RSA or an autonomy allowance based on the resources of students and not parents. " #etudiantsfantomes:" I have been on anxiolytics for several months "

According to the latest annual barometer of the Unef, published in August, to study in Paris cost on average 1,318.31 euros per month to a student in 2020, including 885 euros of rent. The cheapest city for students to live in was Limoges with a monthly budget of 790.75 euros. Nationally, the average cost of student living increased by 3.69% between 2019 and 2020, according to this same barometer.

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This is interesting!