The Student Loan Fund and the Education for All in Thailand

The Student Loan Fund and the Education for All in Thailand

Chitralada Chaiya, Mokbul Morshed Ahmad
Copyright: © 2022 |Pages: 23
DOI: 10.4018/978-1-7998-8025-7.ch007
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Abstract

“Reaching the marginalized” was the goal of “Education for All” to meet equality in education. The Sustainable Development Goals (SDGs) also investigate the relationship between SDG 1 (No Poverty) and SDG 4 (Quality Education). It was stated that one year of education can contribute 10% of the rise in income. Emphasizing the inclusiveness to reach SDG 1 and SDG 4, SDG 10 (Reduced Inequality) needs to be achieved. Therefore, many countries attempt to promote access to education. In Thailand, the Student Loan Fund was established in 1996. There are currently over 5.3 million students who received funds during the period between 1996 and 2020. It is argued that this policy can serve as a mechanism to achieve greater access to education, leading to a better quality of life and more equity in society. However, issues need to be considered since the policy should address, more specifically, the needs of the marginalized.
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Education For All: The Beginning Of Globalization

The strong ties between education and poverty which are the pathways for the development of people, households, communities, and social order are presented in numerous research studies (Ayres & Simon, 2003; Oghuvbu, 2007; Vickers, 2018; Rolleston, 2014.). However, about 264 million children, young people and youth are out of school. That means 1 in 10 children worldwide are out of school with approximately more than 22 million living in armed conflict zones - one of the largest obstacles to education (UNESCO, 2016). In addition, the UNESCO report has shown that low education levels and ineffective management hamper economic growth which results in poverty. Poverty has two characteristics. Initially it was seen as a multidimensional concept, and lack of education was a dimension of poverty. Secondly, the characteristics generally refer to measures related to money, such as salary or utilization (UNESCO, 2017).

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