KYK debt restructuring, where millions of young people await regulation



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10/20/2020 00:42

KYK’s debts have also been added to the tax and premium debt restructuring efforts. In the settlement millions of young people are waiting for, their KYK student loan debts will not be eliminated, but will be restructured for the long term.

Millions of graduate students have their eyes on the decision to make for KYK debt. By order of President Recep Tayyip Erdogan, the most comprehensive restructuring package to date is being prepared to heal the wounds of the pandemic.

The government is also taking a new step regarding KYK debt and farmers’ debts. According to the latest information reflected in the lobby, student loans and farmers’ debts will not be eliminated, they will be included in the scope of the restructuring.

THIS WEEK WILL BE ADDED TO THE JOB PACKAGE

This week the scope and details were discussed at meetings on the arrangement to be added to the Employment Package.

LONG TERM PAYMENT

It is expected to facilitate the payment of almost all debts with public institutions, from real estate tax to traffic fines, postpone it with a grace period, and then make long-term installments. Student loan debt is also expected to be included in the scope of the restructuring.

KYK debt restructuring, where millions of young people await regulation


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