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Delayed loan repayment cripples our operations, HELB says

Higher Education Loans Board (HELB) CEO Charles Ringera when he appeared before the National Assembly's Education c Continental house, Nairobi on September 13, 2023. [Elvis Ogina, Standard]

The government has poured cold water on the proposed amendment to waive interest on the principal amount loaned to university students.

Higher Education Loans Board (HELB) chief executive Charles Ringera said although the proposal is geared towards reducing the financial burden on the fresh graduates, it will affect financing for other generations.

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