How can teachers concentrate on teaching when they are loaded with a mountain of debt? he asked
Quoting reports, he said 400,000 teachers throughout the country owe the Government Savings Bank (GSB) about 500 billion baht. On top of that, they own teachers' cooperatives and loan sharks another 700 billion baht.
He blamed the teachers' debt problem on a lack of financial discipline. About 13,000 teachers have defaulted and have been told by the GSB to pay up.