HELB lacks legal powers to write off bad student loans, CEO says

HELB CEO Geoffrey Monari has said The Board lacks the legal mandate to write off bad debts arising from loan defaults, but noted that it continues to engage borrowers to encourage them to honour their repayment obligations. He revealed that 563,949 loan accounts have matured, largely involving beneficiaries who have completed their studies but are … Continue reading HELB lacks legal powers to write off bad student loans, CEO says