Conape is to stop financing the university careers that will put graduates at high risk for unemployment. There are 36 overpopulated careers that will no longer be funded, including Medicine, Nursing, Journalism, History, and Psychology.
Some of the most affected areas are social sciences and health sciences, with ten and eight careers affected, respectively. Conape will now prioritize funding for careers with better employment rates.
The decision was made based on a report that studied the working conditions of graduated individuals from 2011-2013 that was published by the Labor Occupational Observatory.
Between public and private universities in Costa Rica, between 700 and 800 people per year graduate as general practitioners of medicine. At this rate, in just 10 years, half of the graduates will be unemployed.
In addition to funding more promising careers, Conape will prioritize loans to those from poor families, who make between ¢190,377 and ¢1,306,892. Loan applications will be received beginning April 4.