By Peter Di - Commentary
The Government of the day must continue to reward top performing students by subsidizing part of the full school fees through TESAS and the parents/students should cover the rest through Higher Education Loan Program - HELP. I believe such arrangement will make the HELP loan manageable for a student when he/she gets employment.
If the PMJM HELP policy replaced the TESAS completely then HELP policy is not a help at all. The policy will harm the Nation by enslaving the future tax payers and give rise to a debt-ridden work force. For instance, it will cost a student around K80,000 to K100,000 for a 4 years degree program if TESAS is completely removed. So a student will be systematically forced to owe a debt of K80,000+ to repay during his/her employment period. And this is not good for a citizen and a tax payer.
It will have a chain of negative implications. Most obviously, the loan scheme will create a debt ridden work force and it will pull them backward in many things they may want to achieve in their prime life.
The government of the day must see Tertiary Education Scholarship Scheme as one of the ways to distribute the Nation's wealth among the citizens and must continue to support it. The government of the day must be responsible for the Nation's Tertiary Education.
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