The government is now seeking to force public higher education institutions to guarantee jobs for their graduates in the event of failure against which it will take action against them.
In a new initiative to save millions of unemployed graduates, the University Fund, which is responsible for determining funds paid to institutions, seeks to compel universities to guarantee jobs for graduates.
Under the proposal, universities whose graduates fail to find employment within four years of graduation will see their funds slashed.
UoN graduates at a graduation ceremony at the institution in July 2019.
This proposal is based on five performance indicators, including the absorption of graduates from an institution into the labor market, research and financial management training for senior civil servants.
The new formula, which can save lives for graduates languishing in unemployment, departs from the current formula which allocates funds based on the number of students and the cost of courses at institutions.
“Performance-based funding is funding aimed at allocating a portion of the university education budget based on specific performance measures. This makes the allocation of funds more transparent and more competitive, ”the University Fund said in its proposal.
“The key performance indicators to consider will be the four-year graduation rate, the graduate employability rate (one year after graduation) and research inputs. “
Kenya has 102 universities and public campuses with over 452,089 students. Despite the high enrollment, most graduates end up not finding employment.
The move follows the World Bank’s latest directive to force the government to merge some public universities citing duplication of courses and the need to cut spending.
The World Bank, through an advisory to the government, has warned that there is a need for the government to undertake urgent reforms in the sector, which has been rocked by debt in recent years.
“Fight the proliferation of Crown corporations (CCs) and streamline commercial and non-commercial CCs.” For example, measures to address overlapping mandates and consolidate CS in the education sector could improve the efficiency of public spending in higher education and reduce spending pressures, ”the Bank warned. global.
The World Bank has argued that some public universities have suffered losses for more than three consecutive years, which has overburdened the government.
“The acceleration of the commercial SC rationalization program could help fill the treasury losses while increasing overall economic efficiency. The focus could be on consistently underperforming CSs that have suffered persistent losses for an extended three-year period, ”the World Bank advised.
An image of Moi University students celebrating after graduating in August 2019 in Eldoret, Uasin Gishu County.