Staff with problems will not be forced to accept monthly deductions from their salaries, Mr Kamchorn said. Payments will be made voluntarily and those who enrol will not receive any special privileges.
SLF manager Thitima Vichairat said the fund was trying to work with government departments and private companies to encourage employees to pay off debts.
The SLF earlier signed an agreement with Naresuan University and Bathroom Design Co to help staff pay off outstanding loans and it had proved successful, she said. The SLF will expand the plan to help others.
Ms Thitima said debts needed to be repaid so that the next generation of students can enjoy the same help.
Last year, SLF’s overdue debts stood at 38 billion baht, or 53% of the 72 billion baht in loans granted to more than four million students since 1996.