Helb loan defaults · LEAD
HELB Intensifies Crackdown on Loan Defaulters, to Track Graduates Using Police
The strategy specifically targets those who have the means to repay but have chosen not to honor their obligations.
The strategy specifically targets those who have the means to repay but have chosen not to honor their obligations.
More than 106, 443 former university students have defaulted on their Higher Education Loans Board (Helb) after the Covid-19 pandemic ravaged businesses and triggered massive layoffs. Data from Helb shows loan defaults went up by 35, 561 in the six months to December with the defaulted loans climbing to 55 % which represents Sh3.7 billion […]