The Kenya Ministry of Education has put education loan defaulters on the spot. Through the Higher Education Loans Board (HELB), authorities seek to recover over 7.2 billion owed by 74,000 defaulters.
According to Education Minister Amina Mohammed, the crackdown would start any time from now and asked employers to help in tracking them down.
“We are also going to partner with our law enforcement agencies to track down those holding jobs and yet are reluctant to stand up to be counted as responsible and patriotic citizens who honour their debts,” she said.
Not only the locals will be targeted in this operation but also Kenyans living in the diaspora and HELB chief executive Charles Ringera says they will seek partnership with the Foreign Affairs Ministry to tackle the same
‘’We are having a large number of graduates leaving the country to work abroad majority who have defaulted,” Mr. Ringera said.
They were speaking during the launch of HELB’s 2019-2023 strategic plan in which they have projected a Sh90.7 billion budget to cater for enrollment spike in universities that has had an excess of 795,000 college students.
Kenyan graduates, who have borrowed money from HELB, are expected to start repaying the loan once they begin work.
