With their demonstration on Saturday in Amsterdam, students from the ‘loan generation’ drew attention to their financial and social position. The Rutte II cabinet (VVD and PvdA) abolished the basic grant in 2015, with the support of D66 and GroenLinks. Since then, students have been able to borrow virtually interest-free. The notary’s son or daughter would no longer receive free money that could better benefit the quality of education, was the thought.
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Labor market prospects for the borrower generation are good, the repayment is lenient
