University loan defaulters
They are a shame to society
Signed a contract to pay after graduation
Yet they pretended not to know about it
After years of working
Still the university loans haven't paid
Yet they can go for holidays or buying houses or cars
They are a shame to society
That kind of loan is a revolving type
The funds will be used to help others going to universities
It isn't a scholarship; it is a loan to be repaid
What have the graduates done?
They forget about it
Many still haven't settled it
After years in the employment market
Now it stands at $9 billion!
The Federal Government must institute legal action
Take their assets to recover the loans
Don't worry about vote banks
This action will get the support
This is one of the loopholes
Causing billions of taxpayers taxes
It needs to be recovered
For the future university loan students
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