Public Universities might soon find a solution to the problem of cash shortage if parliament approves plan to tax HELB loans and send the money directly to the universities. The wide-reaching reforms seek to have HELB loans taxed, and the money sent directly to the university. Students receiving HELB loans will thus receive the amount […]
The Higher Education Loans Board (HELB) has announced that it is willing to forgive any student loan issued in the past if one can prove that the loan never helped them. This is the first time that HELB is taking a conciliative tone to the war on loan defaulters. HELB noted that there is no […]
A local old man has expressed his frustrations with the Kenyan graduates after it emerged most of them have not been paying their HELB loans due to the prevailing tough economic conditions. Terming it as the sure sign of irresponsibility by the recent graduates, the man said that he doesn’t understand why these people don’t […]
Comrades have been asking, and we are obliged to answer. At a time when existing loans are being turned into grants, how can you turn your HELB loan into a grant? Until the other day, this was almost impossible. However, the Building Bridges Initiative has changed the story. You can now turn your HELB loan […]
Joblessness is a major challenge in Kenya. For the young people aged 18 -35 who are looking for jobs, the most readily available job opportunity is looking for a job. And while some of them will not admit that they are jobless because it affects both their short term and long term relationships, the fact […]
Universities spend millions of shillings every year paying for cleaning services, while at the same time sitting on a huge pile of free labor that can be used to do the work. Our research has shown that Universities would be better off if they saved themselves the money and used that free labor. This can […]
The Higher Education Loans Board in Kenya has finally seen the light. In what appears to be a Zacchaeus moment, the Board has promised to refund all the money it stole from non-beneficiaries who were forced to seek for compliance certificates when looking for jobs. For years, HELB has been forcing people who did not […]
The Higher Education Loans Board in Kenya (HELB) has announced that it will stop funding all students pursuing engineering courses in Kenya, citing a market glut and lack of meaningful Return on Investment for the courses. Speaking while unveiling the plans for the September 2020 admissions, the Board said that a lot of money was […]
