THE Higher Education Loans and Scholarships Board (HELSB) says it has sent a proposal to the Ministry of Education for a downward adjustment of interest rates on student loans from 15 percent to 10 percent. Last week Wednesday when President Hakainde Hichilema addressed University of Zambia students, the UNZASU president appealed for a reduction of interest rates on loans. And in an interview, Thursday, HELSB Senior Corporate Communications Officer Chiselwa Kawanda said the board had received various complaints from beneficiaries regarding the current interest rates which they deemed to be too high. “We have already actually done the paper which will be submitted to the Minister of Education where we have made proposals to do with the loan recoveries. I’m...