THE government has come up with various strategies to ensure that those who benefitted from higher education loans repay in time to give opportunities to others to benefit.
To start with, the
The Deputy Minister for Education and Vocational Training, Ms Jenista Mhagama told the
"We are planning to stop stamping visas on applicant's passports who are yet to complete their loan reimbursement. There are several graduates who have benefited with loans from the Higher Education Students Loan Board (HESLB) and decide to look for job outside the country, this makes it difficult for the board to trace them," she said.
Ms Mhagama said the ministry has a lot of plans to recover loans from beneficiaries. "We are ready to bring in the Parliament a list of our strategic plans on loan recovering. We are determined to get the money back so that it is used to educate others," she said.
She, however, noted that issuance of national IDs would help the board to have correct data of the beneficiaries, thus make it easier to trace them.
She said that through national IDs the board will be able to recover its money from graduates employed in the formal and informal sector.
According to her, the government in the early 1970s it was signing special bond agreement with students to ensure that they work in the country for a specific period of time to make students give the money back.
She said the bond agreement programme was cancelled following changes in the public service sector in the country. She said the government is thinking of re-introducing the bond programme to some of the crucial sectors in order to retain the graduates.
The Deputy Minister was responding to a question by Ms Namelock Sokoine (Special Seats-CCM) which was asked on her behalf by Betty Ms Machangu, (Special Seats-CCM).
In her basic question, Ms Sokoine wanted to know whether the government was having any plan to ensure that graduate teachers who have benefited with education loans from the government don't quit the job.
Most Popular Stories
- Businesses, Investors Pressing for Green Policy
- NSHMBA to Rebrand With New Name, Logo
- Chrysler and Google Launch Virtual Plant Tour
- Lower Used-Car Prices Roil the Auto Industry
- 'The Voice' Sounds Different This Season
- Iran Digs in on Underground Nuclear Site
- Perry Wants to Skip Court for Foreign Trip
- Investors Fret Yahoo's Future, Stock Dips
- Existing Home Sales in U.S. Fell in August
- U.N. Endorses Rights of Indigenous Peoples