Is College Worth Its Cost ?

The debate over whether college education is worth its cost has gained significant traction in Kenya. With escalating tuition fees and living expenses, many students and their families are questioning the return on investment of higher education. However, a closer examination reveals that, despite the high costs, a college education in Kenya remains a valuable and worthwhile pursuit.

A college degree significantly enhances employment prospects. Kenya’s job market is highly competitive, and employers often favor candidates with higher education qualifications. A degree not only opens the door to a wider range of job opportunities but also typically leads to higher starting salaries. According to recent statistics, graduates earn significantly more than their peers with only secondary education, thus justifying the initial expenditure.

Moreover, college education fosters critical thinking, innovation, and problem-solving skills, which are essential in today’s dynamic and fast-evolving job market. These skills are not only crucial for personal development but also for the country’s economic growth. Higher education institutions in Kenya are also increasingly focusing on entrepreneurship, equipping students with the knowledge and skills to start and run their businesses, thus contributing to job creation and economic diversification.

Financial support mechanisms like bursaries and the Higher Education Loans Board (HELB) play a crucial role in making college education more accessible and affordable. Bursaries, often provided by the government, private sector, or non-governmental organizations, offer financial assistance to students from disadvantaged backgrounds. These grants help cover tuition fees, accommodation, and other education-related expenses, reducing the financial burden on students and their families.

HELB, on the other hand, provides low-interest loans to students pursuing higher education. These loans are essential in bridging the gap between the high cost of education and the financial capability of students. Repayment terms are generally flexible, allowing graduates to repay the loans once they secure employment. This ensures that financial constraints do not hinder talented and deserving students from accessing higher education.

While the cost of college education in Kenya is undeniably high, the benefits far outweigh the expenses. A degree enhances employability, fosters essential life skills, and contributes to personal and national development. With the support of bursaries and HELB, college education is more accessible, making it a worthwhile investment for the future.

Valentine Ndeta