Nabukwesi wants the team, to within 30 days, determine the debt burden of the universities and how it morphed into the present levels. The team will also categorise universities in terms of debt burdens and develop a framework for stabilising the institutions. It’s a waste of resources given that high-level meetings have been held to discuss these matters and suggestions put forth,” said a VC in one of the top public universities. The VCs regretted that the new team will not come up with different findings, contrary to what they discussed in Mombasa, on universities funding challenges. VCs said after the stakeholders meeting, the next phase in addressing the funding problem was how to implement the proposals.

Source: Standard Digital May 08, 2021 07:21 UTC