The other day, my colleague at work initiated a debate on The
Higher Education Loans Board, loans repayment terms and consequences of
defaulting.
He, just like many others, was a beneficiary of the money
disbursed to university students upon successful application.
However, he has not started repaying the loan and strongly
feels the Board is frustrating unemployed youth with ‘hefty’ fines in case the
repayment terms aren’t followed to the latter.
HELB slaps former university students who do not start
repaying the loans one year after course completion with a monthly fine of KSh5,000.
Unemployment is an enormous crisis in Kenya, with millions
of university graduates stranded with their degrees and diploma certificates
scouting for jobs. Let me at this point call him ‘Jeremy’ – not his real name.
Jeremy argued that the government was doing very little to
aid the youth secure jobs immediately after graduating from tertiary
institutions of learning. Many at times one only secures a job because they
have ‘god fathers’ in those companies. Things have shifted from ‘are you
qualified for the job to ‘do you know anybody?’
Since securing a job after graduating has become a tall
order, with some youth opting to use placards in public places seeking
employment, why is HELB frustrating graduates with the heavy fines?
PHOTO: Courtesy- standardmedia.co.ke |
As the debate developed and everyone in the office waded
into the conversation, something else came to the fore; the requirement of KSh1,000
by HELB in order to be awarded a clearance certificate, regardless of whether
you never benefited from the fund.
Personally I never received a loan from HELB, and here I am,
being told to pay a fee of KSh1,000 to prove that I didn’t receive any loan from
the loans board.
Methinks the government and the board are frustrating
university graduates.
Education has become a burden to the youth, in terms of
affordability. Employers too do not want to hire uneducated staff.
Our Members of Parliament have the obligation to put HELB to
question why graduates are being subjected to heavy fines and the Ksh1,000
requirement for clearance.
Today, one cannot land a job in the public sector without
the HELB certificate. Basically, this means if I never benefited from the fund
and I have no source of income, I cannot get a job at the county or national
government – because I don’t have money to prove I never received a loan! This
is what I would call robbery without violence.
The President should rise to the occasion and save graduates
from this stress of having to pay fines because they have not landed jobs.
Comments
Post a Comment