By Roy Hezron
Co-operative University of Kenya’s Council Chairperson has urged the government to engage stakeholders in developing sustainable solutions for university funding in the country.
While speaking during the University’s 6th Graduation ceremony held at its Main Campus in Karen on February 25, 2022, Dr. Jeremy Bundi, the Council Chairperson stated that the Higher Education sector in the country is currently facing significant financial challenges.
“By and large, I do agree with the school of thought that says the universities should be self-sustaining and that they should generate their own funds from research activities and initiatives, but the government cannot absolve itself of the responsibility it has over the education of her citizenry and as articulated under the social pillar of vision 2030,” stated Dr. Bundi.
According to Dr. Bundi, the stage is set and very soon even secondary education will be free and the number transitioning to institutions of higher learning will increase tremendously, hence urging universities to come up with their own better way of generating revenue that will enable them operate effectively.
“This multifaceted approach will not only help the universities stay afloat but also help them produce better students for the job market. This conversation must continue with proper stakeholder engagement and not with an intention of passing the buck, but that of developing a workable solution that will not strain the higher education sector,” he added.
During the event, the University graduated a total of 2,223 graduands with Certificates, Diplomas, Degrees and Masters in various disciplines.
The event also saw the Group Managing Director and Chief Executive Officer (CEO) of Co-operative Bank of Kenya Dr. Gideon Muriuki being conferred with an Honorary Doctorate Degree of Humane Letters.
