Save universities from piling financial woes

Moi University Main Campus Administration Block [Kevin Tunoi, Standard]

Public universities are facing serious financial crunches. Moi University's Council Chairman Humphrey Njuguna has acknowledged that the insitution is labouring under a Sh5 billion debt occasioned by, among other things, closure of satellite colleges that were a reliable source of revenue, a bloated workforce and a reduction in students numbers from 50,000 to 30,000. 

Incidentally, the university is not sailing in this boat alone. the University of Nairobi has increased fee for new students from Sh26,500 to Sh59,000 and accommodation from Sh6,000 to Sh40,000 in an attempt to raise funds.