Thank you, Mr. Chairman. We do fairly well on collecting on debts. The Department of Education, Culture and Employment doesn't directly follow up with people who are having trouble making their payments. We hand them over to FMBS and that's the collection agency within government. So I can't speak to how well they resolve that. Judging from what we see in the write-off of debts bills, I don't think we are doing too badly, given the amount of money we are lending to students. We are always going to wind up with people who run into economic trouble and because of that, we are going to have some debts that go bad. But in general, this has proven to be a very worthwhile investment in northerners and in getting northerners educated. So we think it's a worthwhile investment.
Charles Dent on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on August 16th, 2007. See this statement in context.
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
August 16th, 2007
Page 373
See context to find out what was said next.