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  • Yeah.

  • Lebanon's worst economic crisis ever has thrown many students futures into doubt after a collapse in the Lebanese pound almost tripled their tuition fees.

  • Undergraduates took to the streets in December and some are threatening a tuition strike after two top private universities, the American University of Beirut on the Lebanese American University adopted a new exchange rate to the US dollar that left students who pay in the devastated local currencies.

  • Struggling Mohammad Sa Holly was close to graduating in computer science when he received the blow.

  • Fear, stress, despair.

  • Personally, I don't know what I'll do.

  • E can't afford to pay for the spring semester full term E s.

  • So I'll either take two courses only or none at all.

  • I think is the case for many for around 80% of the people I know, Theo universities say they had no choice.

  • The economic crisis and a strict coronavirus locked down have forced them to increase the exchange rate to the banks stipulated rate while leaving their tuition fees in dollars unchanged.

  • They both also increased financial aid to students buy significant amounts.

  • This is Lebanese American University President Michelle Mahuad.

  • We are suffering from this situation as an institution just as much as the students or the parents are suffering.

  • This actually has been imposed on us this financial situation.

  • We're trying to deal with it as best we care.

  • Lebanon has traditionally prided itself on its education system, which was set up in the 19th century by American and French missionaries.

  • It produces a steady stream of graduates who land top jobs in the Middle East and beyond.

  • But the crisis means those without dollars can no longer afford to study, whether abroad or at home.

Yeah.

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B1 tuition crisis exchange rate lebanon american university

Lebanese crisis leaves students struggling to pay fees

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    林宜悉 posted on 2021/01/23
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