CHILE: Student protests net $4 billion fund proposalBBC. In a televised speech, Pinera outlined measures including more grants and cheaper student loans.
Thousands of students have been protesting to complain of financial hardship and to call for a reform of Chile's "unequal" education system. The fund would be partly financed by revenue from the main export, copper.
Announcing the plans for the $4 billion fund, Pinera said the "great mission of improving education in Chile required an enormous financial effort". As well as more grants and student loans, he said the government would look at improving the admission and accreditation systems of universities.
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