In a bid to recover 7.2bn Kenya shillings ($72m;£55m), Kenyan government will soon start tracking down 74,000 student loan defaulters.
Amina Mohamed said the government will work law enforcement agencies to track student loan defaulters.
These people have defaulted on a student loan from the Higher Education Loans Board (Helb), a media source has reported the details.
The state agency wanted to bring back 7.2bn Kenya shillings ($72m;£55m) from defaulters in cooperation with police, Education Minister Amina Mohamed detailed.
She further added that the Kenyan government will collaborate with law enforcement agencies to track down those have jobs now. We will search the defaulters who still reluctant to stand up as the responsible and patriotic citizens to pay their debts.
In 2012 annual Helb student loan budget remain $45m supporting 110,000 students, Ms. Mohamed further added. It has increased to $109m for 250,000 students in the last two financial years. The government funded 53% of Helb budget while the rest of it came from loans recovery.
The Helb head Charles Ringera aimed to work with the foreign ministry to track those defaulters who moved to other countries. Kenyan graduates authorize to repay the Helb loan after getting a job.
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