facebook
twitter
rss
account
search
search
 

Chilean president proposes education fund

July 6, 2011 at 1:29 PM   |   Comments

| License Photo
SANTIAGO, Chile, July 6 (UPI) -- The government of Chile is considering a $4 billion education fund after weeks of student protests throughout the South American nation, officials said.

Chilean President Sebastian Pinera proposed an education fund that would award more grants and offer cheaper student loans, La Tercera reported Wednesday.

"It's time to stop the protests and recover the way to dialogue and agreements," said Pinera.

The fund originally was proposed after Pinera offered an education revitalization plan worth $75 million to public universities last week, which the Chilean Students Federation turned down.

The Chilean government would create the education fund using money from the Treasury and the Economic and Social Stabilization Fund.

Thousands of students and teachers began protesting in cities across Chile in April, demanding improvements to the education system.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
2014: The Year in Music [PHOTOS]

2014: The Year in Music [PHOTOS]

Most Popular
1
Norways Kongsberg to demo missile for U.S. Navy Norways Kongsberg to demo missile for U.S. Navy
2
New video shows missing UVA student the morning she disappeared New video shows missing UVA student the morning she disappeared
3
Father of five children thought they would kill him, feed him to dogs Father of five children thought they would kill him, feed him to dogs
4
Peshmerga forces kill senior Islamic State commander Peshmerga forces kill senior Islamic State commander
5
Playboy Magazine names UPenn top party school for 2014 Playboy Magazine names UPenn top party school for 2014
Trending News
Video
x
Feedback