Boarding Schools Face Closure Due to High Operational Cost
Boarding schools will soon face closure due to the high operational cost that is being incurred by principals across the Country.
The rising costs of essential commodities needed in educational institutions have posed a huge financial crisis in secondary boarding schools, putting the school’s heads and management in limbo not knowing what to do.
This might lead to most of them converting to day school.
Principals in many schools are struggling to keep the institutions running for lacking adequate resources to sustain students.
One of the principals from Uasin Gishu County who sought anonymity said the schools might soon be closed due to the high cost of living.
“As I am talking the cost of essential commodities such as sugar and flour has skyrocketed and the students are still paying the same fees, as a school we cannot manage this unless the fees are increased,” he said.
According to the Central Bank of Kenya (CBK) the annual average inflation rate has increased from 8.6% in March to 8.7% in April which has led to the increased prices of basic commodities such as sugar, bread, and beans among other things which must be purchased on daily basis.
Suppliers are threatening to take legal action should schools not clear their debt, which puts many schools at risk of shutting down.
However, the school heads have to adhere to the government’s decree of not sending any student home to collect fee balance.
By Lawrence Mutie and Faith Chepkemoi
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