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State's new plan to pull public universities out of choking debts

Kisii University Masters Degree graduands toss their hats to the air during their graduation ceremony on December 14, 2022. [Sammy Omingo, Standard]

The government has come up with a plan to settle more than Sh60 billion owed to public universities with the first step involving phasing out of the current funding model that has been in existence for more than 30 years.

Concerned with the ever-increasing debt, the government is proposing measures that will not only reduce the debt that is choking universities but also make them financially sound.

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