Students enrolled at Rangsit University in Bangkok’s northern suburbs can pay all or part of next semester’s costs with rice. The goal is to help farming families, and the university will put a higher-than-market value on the grain, since prices for some strains are near a decade low. The university’s step is part of wider efforts to help the 16 million Thais who depend on rice farming but are struggling to cover costs because of oversupply at home and in export markets.
Private university in Thailand is accepting rice for tuition fees
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- Topic: AgricultureClimate changeCircular economyEconomy & businessSupply chainsWorkforce & employment
- Other Tags: Circular EconomyEducationFarmingInformal EconomySoutheast Asia