Police to track down HELB loan defaulters who owe over Ksh.7B CS Amina

The Higher Education Loans Board (HELB) will use police to help crackdown more than 74,000 loan defaulters who owe about Ksh.7.2 billion, Cabinet Secretary for Education Amina Mohammed has announced.

Speaking during the launch of the distribution of competence based curriculum textbook for children with disabilities, CS Amina put on notice HELB defaulters warning of dire consequences.

“Law enforcement agencies will follow up on loan defaulters and track graduates who are working in various organisations. We will also track mobile transactions,” said CS Amina.

The CS however said that Treasury has already allocated Ksh.300 million to offer HELB loans for needy students.

She said the government is still committed to see to it that tertiary institutions meet the demand in the industry even as she urged the youth to apply for the loans in a bid to access education.

Former Senate Speaker Ekwee Ethuro, who is the chairperson of HELB, called for extensive funding of students enrolled in TVET institutions as well as those in foreign universities.

Ethuro however noted that without transparency, the dream to increase manpower in the country will not be realised.