Repaying student loans on time is vital
I support the government's proposal to hand over the credit histories of students who fail to repay loans to a credit reference agency.
That would serve as a warning to students - they should be more responsible in repaying debts.
The move would help students to manage their finances better. It would also ease the government's financial burden. Repaid loans could be used to help other poor students.
Some people worry this action could prompt other government departments and private businesses to press for similar rights to check people's credit histories.
We should not make 'privacy' issues an excuse for everything. In any event, Esther Leung Yuet-yin, deputy secretary for education, said the data would be removed one year after debts were cleared.
That is fair. I think it is high time we taught students to be more responsible in repaying their debts.
