Government set to review student’s loan repayment regulations -Kipanga
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Government set to review student’s loan repayment regulations -Kipanga
THE government is planning to review regulations so as to reduce monthly deductions and loan repayment charges posed to the beneficiaries of loans of the Higher Education Students’ Loans Board (HESLB).
Deputy Minister for Education, Science and Technology Kipanga Juma Omary told the National Assembly on Wednesday here that the move is aimed to reduce the burden of paying the loans which the beneficiaries carry after completing their studies.
The deputy minister said this while responding to a supplementary question by Special Seats MP, Halima Mdee (Chadema) who claimed that the majority of the beneficiaries of the HESLB loans have been struggling to pay the loans even if they have no income generating activity after completing their studies.