In the heart of Kenyan university life, a silent struggle ensues as students face formidable economic challenges. The escalating costs of education, coupled with an unpredictable economic landscape, are casting shadows over the academic pursuits of vibrant youth in Kenya.
The harsh reality of economic challenges encompasses soaring tuition fees, exorbitant living costs, and a scarcity of employment opportunities, creating a daunting landscape for university students.
This predicament forces students to master the delicate art of balancing academics with part-time jobs, unveiling a profound impact on their mental health and academic performance.The specific economic challenges confronting students include inflation, unemployment, and the weight of student loans.
In response to these challenges, practical strategies and solutions are emerging. These range from financial literacy programs and entrepreneurship initiatives to collaborations between universities and industries, fostering more internship opportunities.
Recognizing the importance of community support and advocacy, non-profit organizations, government initiatives, and community-driven projects play a pivotal role in creating a supportive environment for students.
A call for collaboration between educational institutions, government bodies, and the private sector resonates, urging the creation of a more sustainable and inclusive environment for students.
Amidst the struggle, a tangible commodity takes center stage — "Dinero," the coveted currency. In the current economic climate, the pursuit of cash dominates conversations, with research indicating that university students, known as comrades, bear the brunt of financial stress.
Comrades find themselves frequently grappling with financial constraints, struggling to afford basic necessities, resorting to "Kuinama" — skipping meals to make ends meet. The spendthrift tendencies of many, fueled by occasional windfalls from government funds or parents, often lead to ruinous expenditures, leaving them broke in the blink of an eye.
Financial literacy emerges as a critical need among comrades. Universities' managements are urged to offer more guidance on responsible spending, instilling a culture of saving among students.
At Chuka University, first-year students receive orientation on managing their finances, emphasizing the avoidance of gambling activities and substance abuse as crucial steps to ward off financial hardship.
Resourcefulness becomes a beacon of hope for comrades determined to script a different financial narrative.
Chapatis, a cherished meal among students, become both sustenance and a source of income. Entrepreneurial students venture into the late-night streets of Ndagani, crafting and selling chapatis using meager pocket money to buy ingredients.
"I began selling 'mtumba' clothes at third year using my pocket money savings," shares a Chuka University student, highlighting the journey towards financial independence. Another student, known as 'Fello,' narrates how he kickstarted his money story as a photographer at Ndagani market, purchasing his camera with savings from his third year as a student.
As the struggle persists, these stories of resilience and ingenuity among Kenyan university students illuminate a path forward, demonstrating that even in the face of economic hardships, the pursuit of financial stability is a journey that starts with a single step.
The Writer, Mbogo Lawrence is a First Year Journalism Student at Chuka University.
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