Representatives Warn Tertiary Institutions Against Increasing Tuition Fees Amidst Students’ Loan Program
Written by Dapo Akinrefon
Members of the Nigerian House of Representatives have issued a warning to tertiary institutions, urging them not to raise tuition fees as the government introduces a students’ loan program.
The caution comes as part of efforts to ensure affordable and accessible higher education for students across the country. The introduction of the students’ loan program is aimed at easing the financial burden on students and providing them with the necessary support to pursue their academic aspirations.
The House of Representatives recognizes the importance of keeping tuition fees at reasonable levels, as excessive increases could undermine the objectives of the students’ loan program and make education unaffordable for many students.
By warning tertiary institutions against hiking tuition fees, the Representatives seek to maintain the balance between the financial sustainability of institutions and the affordability of education for students.
It is crucial for institutions to consider the long-term implications of tuition fee adjustments and explore alternative sources of funding to support their operations, without unduly burdening students and their families.
The House of Representatives emphasizes the need for collaboration between government, educational institutions, and other stakeholders to ensure that the students’ loan program is effectively implemented and that higher education remains accessible to all qualified students.
This warning serves as a reminder of the government’s commitment to making quality education accessible to every Nigerian student, regardless of their financial background, while encouraging institutions to exercise prudence in managing their finances.
The House of Representatives calls on tertiary institutions to prioritize the interests of students and work towards a sustainable and inclusive higher education system that benefits both institutions and the students they serve.