Business Daily | by Lynet Igadwah
About 26.9 per cent or at least Sh15 billion of student loans issued by Higher Education Loans Board (Helb) risk falling into default amid job cuts and freeze in hiring in the wake of Covid-19 pandemic.
Education ministry data shows this is a slight improvement from the 28 per cent non-performing student loans a year earlier.
The pandemic has resulted in layoffs, pay cuts and unpaid leave, making it a struggle for beneficiaries to make repayments…
