Decoding Nigeria’s New Student Loan Scheme: Eligibility and Alternatives
Introduction In response to the sharp withdrawal of blanket tuition subsidies by President Bola Tinubu’s administration in the 2023 budget, public universities across Nigeria were compelled to impose steep fee hikes; reaching 600 percent at the University of Lagos (Daily Post, 2023) and 480 percent at the University of Ibadan, with most institutions raising ancillary charges by