Business Daily | by Lynet Igadwah
An additional 38,314 former university students have defaulted on their Higher Education Loans Board (Helb) financing in the 10 months to October when the Covid-19 pandemic triggered layoffs, business closure and freeze in hiring.
Helb data tabled in Parliament on Wednesday shows loan accounts in default increased to 116,642 from the 78,328 recorded in December last year.
This highlights the struggle faced by beneficiaries who were making repayments on the strength of their payslips and cash flow from…
