HELB CEO Charles Ringera has said joblessness is no excuse for default.
With a highly significant number of graduates still jobless, Ringera’s remark may potentially elicit further onslaught against the Board on social media.
The Higher Education Loans Board (HELB) on Wednesday however announced that if you are among university graduates who are yet to pay their Higher Education Loans Board (HELB) loan, perhaps because you have not secured a job or you delayed in school, you have an opportunity to have your time repayment period reviewed.
“There is nowhere actually in that loan application form we have said, you must get a job before paying, what we say is that finish school, we give one year, and settle down…settling can mean going into business, getting married to a rich family our any other way….”said Ringera.
But the HELB boss was keen to note that the solution to all this, is information.
“When you realize that you delaying in college, please give us that information. Write to us, visit us and tell us I’m actually in for another year, adjust my graduation dates….we are human beings and we know that such can be tolerated,’ said Ringera.
Ringera further indicated that the board assumes that a degree course in any public university takes an average of four years before one graduates.
The situation is however different because in nearly all the public universities in the country, students may take more than four years before graduating depending on the courses they take and barring any other interruptions.