The Higher Education Loans Board (HELB) has announced an 80 per cent discount on penalties for loan defaulters, valid for the next 30 days from June to July 2025.

• Defaulters must repay their loans in full to benefit from the discount.
• Geoffrey Monari, HELB CEO, revealed the initiative amid backlash over plans to utilize law enforcement to recover debts.
• Notably, over 44,000 teachers are currently servicing their loans, contrasting with higher defaults among professionals in the private sector.