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New funding formula to make varsity loans more expensive

University and college students apply for Higher Education Loans at the Anniversary Towers. [Collins Kweyu, Standard]

Students admitted to universities from September will have huge loans burden after graduation. The new university entrants will be slapped with heavy student loans after completing their education.

Under the new funding formula, 95,000 students who sat 2022 KCSE examination will majorly depend on student loans to finance their university education.

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