The future of university students is at risk after Education Cabinet Secretary Julius Ogamba confessed that 23 public universities in the country are insolvent.
While appearing before the National Assembly Committee on Education on Wednesday, March 19, Ogamba admitted that the financial crisis in Kenya's public universities had worsened over the years.
According to Ogamba, the state of insolvency is due to chronic underfunding, particularly for government-sponsored students.
Ogamba's confession means that the financial obligations of the universities, such as debts, operational costs, and commitments, exceed their available resources, assets, and incoming revenue.
