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Paying with understanding, is that possible?

03/02/2022

‘’Compensation is not the right word”, said new Minister of Education Robbert Dijkgraaf to the NOS. However, he “really understands and sympathize” for students who suffered from the student loan system. Would that also be an option for this group of students: paying off their debt with understanding?

The loan system soap is starting to look suspiciously like a long-drawn-out game of Monopoly. We have all experienced the following situation: by the end of the game, your money is almost gone. One bad throw and you're out. You are standing at Station East and your neighbor owns both Leidschestraat and Kalverstraat with three and four houses respectively. The one thing you’re thinking is: 'Don't throw 2 or 4!'.

If you succeed in this, there is initially a moment of pure euphoria: you are still in the game and you also receive money because you passed 'Start'. Until after a few seconds you realize you've landed on the 'Income Tax' box. No money and no opportunity to buy a house the next round. This feeling is closest to my feeling when I heard what this government was talking about for compensating students that fell under the student loan system.

The budget of one billion euros functions more as a kind of recognition for the students who have been left behind with high debts. They lag behind in both educational and financial aspects as well as their opportunities on the housing market. That is why student organizations will demonstrate on the Museumplein in Amsterdam on Saturday 5 February.

As compensation, students will soon be able to choose from an amount of one thousand euros or a study voucher. The first feels like you are arriving at Free Parking without money in the middle. And that voucher? Let's categorize that as 'You won the second prize in a beauty contest and receive ten euros'; completely useless and outdated.

Winning a game of Monopoly is done by buying houses. How ironic that this is exactly the problem for students who fell under the loan system. With an average student loan you can buy a single-family home in Groningen, Friesland, Drenthe, Limburg, Overijssel or Zeeland. I have to admit, the Coolsingel in the heart of Rotterdam is not within our paygrade, but if you are one out of four students who have built up more than 40,000 euros in debt, even the Dorpstraat or the Brink in Ons Dorp is out of reach.

Are you in Amsterdam this Saturday? For once, do not automatically walk through the Leidschestraat towards the very expensive Kalverstraat, but turn around. Cross Leidscheplein diagonally and take a left until you reach the Rijksmuseum. You walk through the bicycle tunnel under the Rijksmuseum and voilà, you are on the Museumplein where students will be heard this Saturday, hopefully your voice too.

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