On
March 30, 2026, Astana International University (AIU) held an insightful
workshop titled "Smart vs. Risky Loans: How to Avoid the Financial
Trap." Organized by the faculty of the Higher School of Economics, the
event drew the attention of approximately 900 students eager to enhance their
financial literacy.
The
workshop was part of the university's ongoing initiatives to promote financial
education among students and supports the UN Sustainable Development Goals: SDG
1 (No Poverty) and SDG 8 (Decent Work and Economic Growth). The university is
actively committed to preparing specialists who can navigate the economic
landscape and build a sustainable future.
During
the event, faculty experts provided an in-depth look at key aspects of
borrowing, explaining that credit is a powerful financial tool that can either
enhance well-being or lead to serious financial hardship. Critical discussions
focused on the fundamental differences between "smart" (productive)
loans and "risky" (unproductive) consumer debt.
Special
emphasis was placed on responsible borrowing strategies, including defining the
purpose of a loan, calculating its total cost (including interest, fees, and
penalties), assessing one's repayment capacity, and budget planning. Students
were provided with practical steps on how to choose the right credit options.
To
wrap up the workshop, an interactive blitz-quiz was held, allowing students to
reinforce their knowledge and test their ability to distinguish between
beneficial and harmful loans in various real-life scenarios. Participants were
highly engaged, asking questions and demonstrating a strong interest in the
topic.
The
event marked a significant step in fostering responsible financial behavior
among the younger generation, highlighting the importance of a thoughtful
approach to credit for ensuring long-term financial stability and prosperity.