HELB faces KSh89.7 billion loan defaults as Auditor General warns of sustainability risks

The Higher Education Loans Board (HELB) is grappling with a massive KSh89.7 billion in defaulted student loans, raising concerns over the sustainability of the fund and its ability to support future generations of learners. According to Auditor General Nancy Gathungu, more than 730,000 loan accounts had matured by June 30, 2025, carrying a total running … Continue reading HELB faces KSh89.7 billion loan defaults as Auditor General warns of sustainability risks