The Japan Student Services Organization (JASSO) plans to disclose the names of universities and colleges that have more than twice the average of graduates who are in arrears on their JASSO-provided loan payments, the organization said Monday.

JASSO provides scholarship loan programs to students of universities, graduate schools, junior colleges and equivalent schools. Due to a rapid increase in loan delinquency in recent years, the organization decided earlier this year to disclose the names of such schools and has been drawing up the standards to announce the names of the universities and equivalent schools that have many graduates who are not paying back their loans.

JASSO will discuss the proposal with universities and colleges, and plans to start the announcement from the end of fiscal 2011.

Among those who graduated from their universities and colleges within three years with outstanding loans, those who are delinquent in repaying loans by even a day at the end of a fiscal year will be targeted under the proposal.

JASSO will calculate the ratio of such graduates at each university and college, and will work out the average for each type of school. The organization will then announce the names of such institutions that have more than twice the average of students who are delinquent on loan payments in each category of school.

Source: http://www.yomiuri.co.jp