Through March 2026, the Students’ Loan Bureau (SLB) recorded a delinquency rate of 48.22%, according to figures shared with lawmakers.
Executive Director Nickeisha Walsh presented the update this morning before the Public Administration and Appropriation Committee (PAAC).
Walsh explained that borrowers frequently blamed late repayments on irregular earnings from self-employment, other pressing money demands, and underemployment once they left school.
She added that an online portal now lets borrowers settle their accounts from any location, and the bureau expects that change to help push the delinquency rate down in 2026/27.
Syndicated from Jamaica Inquirer · originally published .
Legal context · powered by Jurifi
Get the legal angle on this story. Pick a prompt and Jurifi's AI will explain it using Jamaican law.
AI replies are based on Jamaican law via Jurifi. Not legal advice.
