President William Ruto on HELB loans

The Higher Education Loans Board Fund (HELB) has always generated strong responses from the public and lawmakers to new advancements, and the year 2023 has begun with a new HELB development. 

According to Standard Digital, the president intends to disband the fund. The general populace has expressed opposition to this news development.

As improvement in the educational system is one of the main promises made by the present government, Kenyans should anticipate seeing it. 

The current president of Kenya, William Ruto, has said that he has spent the last four months of his administration preparing for a revolution in educational reform.

Ruto has promised to replace technical and vocational education and training (TVET) financing with national skills and funding council, which would enable a credit transfer system and assist students in moving further in their studies. 

The National Education Fund will combine scholarships, grants, and bursaries from public and private sources to pay for costs outside tuition.

President William Ruto on HELB loans

To address the current financing gap in higher education, which is up to 45 percent, the government would merge HELB, TVET, and the University Funding Board to form the National Skill and Funding Council. 

This gets rid of interest on HELB loans and makes the Higher Education Loans Board's current budget go from Sh11 billion to Sh22 billion right away.

Ruto announced that the government intends to enhance funds for the industry during the State House event in Mombasa to welcome the New Year. 

He said that this year, 30, 000 more basic education teachers and 3, 000 TVET tutors would be hired to provide a smoother transition into the first year of junior high. 

Dr. Ruto said that by putting money into our educational system, his government hopes to develop a workforce that can compete on a global scale.

To ensure a seamless transition from elementary to middle school, President Ruto announced that more teachers will be employed in January. 

In addition, Ruto said that the government intended to invest Sh15 billion to outfit 70 TVET facilities to assist in educating students and preparing them for the workforce. 

In its Education Charter, the Kenya Kwanza Alliance pledged to build vocational training centers in each ward and develop technical training and vocational educational training institutions in each constituency.

But it seems that Kenyans were hasty to criticize the latest event solely based on the headlines rather than thoroughly reading the article. 

A group of Kenyans even banded together against the president, accusing him of abandoning the underprivileged by proposing to abolish HELB. 

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