persons  35  0 CY 10 11 12 13 14 15 16 17 18 19  Notes: 1. In the middle chart, figures for the Consumption Activity Index exclude inbound tourism consumption and include outbound tourism consumption. 2. In the right chart, seasonally adjusted figures are BOJ staff estimates. Sources: Cabinet Office; Bank of Japan; JAPAN NATIONAL TOURISM ORGANIZATION, etc.
In the light of NSL policies and measures, further development of local student loans is an important step for the enforcement and improvement of NSL, an important component to establish and strengthen financial support system to students with financial difficulties, and also reflects the trend and future path for development of student loan business.