EU: Double up on Erasmus program

The European Commission (EC) put forward a
This budget proposal will now be discussed by the EuropeanCouncil and the European Parliament representing all 27 memberstates. Only recently, the EC
Loan guarantee scheme for 330.000 Masterstudents
In addition to that, the EC worked out plans together with theEuropean Investment Bank Group to create a loan guarantee schemeproviding funds to 330.000 Master students that want to completetheir studies abroad. Allan Päll, Chairman of the EuropeanStudents’ Union (
Commenting on the EC proposal, Androulla Vassiliou, Commissionerfor Education, Culture, Multilingualism and Youth, said that”studying abroad boosts people’s skills, personal development andadaptability, and makes them more employable. We want to ensurethat many more people benefit from EU support for theseopportunities. We also need to invest more to improve the qualityof education and training at all levels so we are a match for thebest in the world and so that we can deliver more jobs and highergrowth.”
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