Jobless Graduates Post their Photos, Dare HELB to Publish on Newspaper front Pages

HELB Loan, Higher Education Loans Board

Kenyans on social media are now calling a bluff on the 30-day notice issued by the Higher Education Loans Board (HELB) for defaulters to repay their loans failure to which their names and photos will be published in the country’s dailies.

According to HELB, at least 85,000 Kenyans have failed to service a loan of Ksh.50 billion issued since 1975.

“HELB wishes to notify the general public and loan defaulters that the HELB student loan is a government debt which should be repaid as per the terms and conditions on which it was advanced,” read a notice from the State Corporation.

“However, some beneficiaries who are in default have not responded to previous communication addressed to them yet the funds received from loan repayment are used to support the current needy students therefore sustained default hinders funding of other deserving Kenyan youth.”

The State body further added that legal action may also be pursued against the defaulters at the expiry of the 30-day deadline in accordance with the HELB Act.

Kenyans have however since taken to Twitter to post their photos daring the State body to go ahead and publish them on newspaper front pages.

A section of them however questioned the move saying it did not make sense to spend billions of taxpayer money to take over the local dailies asking for more owed money.



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