The government cancels $175.6 million in University of Guyana (UG) student loan debt for 204 persons during the first half of 2026. The figure is reported in the 2026 Mid-Year (half-year) report produced by the Ministry of Finance.
The write-off programme is designed to reduce students’ financial burdens. One outlet reports that this action brings the total value of loans cancelled since the programme began in 2024 to $3.2 billion. Both sources indicate the latest cancellations are part of the same UG student loan debt write-off initiative, with the mid-year reporting providing the updated totals for the period.
While both articles agree on the amounts and the number of beneficiaries, their framing differs slightly: one focuses more directly on the programme’s cumulative impact and the totals since 2024, while the other emphasizes the government’s commitment to alleviating student costs. Both present the mid-year report as the basis for the disclosure.
