Open AccessStudent Loans Financing in Tanza:
Author(s) -
Hillary A. Dachi
Publication year - 2021
Publication title -
international journal of african higher education
Language(s) - English
Resource type - Journals
ISSN - 2313-5069
DOI - 10.6017/ijahe.v8i1.13363
Subject(s) - exchequer , higher education , equity (law) , loan , student loan , government (linguistics) , finance , representation (politics) , access to higher education , tanzania , business , economics , political science , economic growth , politics , socioeconomics , linguistics , philosophy , law
This study examined the mechanisms employed to finance student loans in Tanzania and who benefits and how. The findings show that student loans are financed by the public exchequer. The number of students fromhigh-income families accessing these loans is disproportionate to their representation in Higher Education Institutions, while the share for middle and low-income students reflects their representation. There is also animbalance between male and female beneficiaries across programmes, notably in the Science, Technology, Engineering, and Math (STEM) disciplines. It is concluded that such disparities are the result of the fact thatthe student loan scheme seeks to satisfy a number of government policy objectives in relation to higher education beyond access and equity, and that means testing is not rigorously conducted.
Key words: Higher Education, higher education policy, financing higher education, higher education student loans, public subsidisation of higher education