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Originally published by Kenyans
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June 17, 2025
5mo ago

Accountants, Doctors, Lawyers and Engineers Top List of HELB Loan Defaulters

Accountants, Doctors, Lawyers and Engineers Top List of HELB Loan Defaulters

HELB recently blacklisted 71,806 loan defaulters...

✨ Key Highlights

The Higher Education Loans Board (HELB) reported that professionals such as accountants, doctors, lawyers, and engineers are the top loan defaulters, prompting calls for stricter recovery measures.

  • Only 11% of accountants and 18% of doctors are repaying loans, with a total default amount of Ksh8 billion from graduates over 20 years ago.
  • Geoffrey Monari, CEO of HELB, emphasized the challenges faced in enforcing repayment among those in private practice.
  • HELB plans to collaborate with professional bodies to withhold license renewals as a recovery strategy, while indicating teachers have the highest compliance with repayments.

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