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This article is the result of national research led by the Universidad Cooperativa de Colombia (2022), which explored the social impact of the ICETEX in the country. The results presented were obtained qualitatively, through the study of the conceptions and perceptions that different key actors —students, teachers, codebtors— had regarding their interaction with the entity and its financial support for access to higher education. In the analysis of the data, triangulated with the interviews and conducted
workshops, two pre-established categories of analysis were considered: ICETEX as a credit entity and as a support to life projects. These, in addition, were complemented
with two emerging categories: ICETEX as a support to families and as development of local/regional capacities. The main results indicate that the different participants have constructed antagonistic perceptions regarding the educational credit that this entity represents: on the one hand, under a positive and hopeful vision, the credit is seen as a facilitator of life projects, but, on the other hand, is conceived as part of an entity that, instead of helping, hinders and complicates access to higher education.