Bulgaria Cuts Student Loan Interest from 7% to 3% to Support Education
Lifestyle
Bulgaria ’s Parliament has approved changes to the Law on Lending to Students and Doctoral Students , reducing the interest rate on student loans from 7% to 3%. The amendments were presented by Gabriel Valkov of the “BSP-United Left,” who is also the chairman of the parliamentary youth and sports committee. “ The reduction in interest rates from 7 to 3% is the main part of the changes, ” Valkov said, highlighting the most significant adjustment. He also noted two additional provisions: the
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