“I'm in the open all the time.
At 26, Alexandre, a young graduate of a private management school in the Paris suburbs, considers himself to be "the big loser of the crisis".
At the end of 2015, he took out a loan of 12,000 euros to “pay for a bogus diploma”.
That was without counting the Covid-19 and a crisis situation on the labor market, exactly the year when he must start repaying his debt.
"If it had to be done again, I would not get involved in this type of school where you buy your diploma," he says.
Since the start of the school year, I can't find a job;
companies always offer me to alternate internships.
In full confinement, and with the curfew that should follow him in mid-December, his loan strangles him financially a little more every day.
“Before, I used to pay back 1500 euros all at once by doing odd jobs in nightclubs and restaurants, but that is no longer possible today.
"He must therefore leave his pocket" 213 euros per month for five years ", without any contribution for the moment.
“A trap,” he says.
Covid-19 crisis: students facing the debt trap
The closure of bars, restaurants, but also lounges, major providers of host and hostess jobs, not to mention the seasonal jobs which, this year, have been reduced to the minimum in certain sectors ... the crisis linked to the pandemic hit students in the wallet.
Like Alexandre, many of them describe a difficult financial situation.
Even those who are lucky enough to have found an alternation struggle.
"I'm going to stay with my parents longer"
"I'm going to stay with my parents longer than expected…" sighs a Parisian student in his final year at the IICP, a communication school at 7000 euros a year.
The minimum wage he earns goes there.
“I have 300 euros to repay per month, I take part in shopping with my parents up to 200 euros as well as the rent and there is the telephone bill at 20 euros, to which I add the Internet subscription.
At the end, I'm in the red.
“Despite the school's many promises, he waited three years before finding a work-study contract, an essential condition to finally begin to recover.
Youth employment: the concern of the Covid generation
One of his comrades, Cyril (
the first name was changed at his request
), 25, recently graduated from Efap, a communication school, registered at Pôle emploi in September to benefit from professional training. .
"I plan to extend my repayment terms with the bank," he explains.
Before, I could pay back by working day and night.
This is no longer possible and you have to pay the rent ”.
As a result of the races, he "counts everything" and imposes restrictions on food, outings ...
"In two years, it will be anguish," says Elena, who has taken out a student loan of 75,000 euros.
There are also the many students who have chosen to emigrate, failing to pass a competition or find a place at the university.
When she talks about her student loan of 75,000 euros, Elena Foukra, 22, knows that she will soon take "reality in the face".
To be sure of being accepted into dental care training, the student enrolled in a private Spanish university.
“The bank lent me the money with my eyes closed,” she recounts.
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If she prefers not to think about it for the moment, she knows that "in two years, it will be anguish".
Upon her return to Paris, the young woman will have to repay "750 euros per month for more than eight years".
In his school, most of the students are French, and the vast majority have also taken out a student loan.