DAR ES SALAAM, Oct. 26 -- YESTERDAY it was reported that the Higher Education Students Loans Board (HESLB) has disbursed 426.5bn/- in study loans to 135,240 students as part of the first allocation for the 2025/2026 academic year.

According to HESLB Executive Director, Dr Bill Kiwia the beneficiary students include those who are pursuing undergraduate degree and diploma as well as recipients of the Samia Scholarship, in the form of loans and grants.

Throughout the world, students frequently borrow money to finance their education. There is nothing new in this; students in many countries have always borrowed from family or relatives to finance either the costs of tuition or their living expenses.

In the past years, countries, both devel...