Published: Tue, November 14, 2017
Technology | By Russell Knight

SA doesn't have money for free higher education - Heher Commission

SA doesn't have money for free higher education - Heher Commission

President Jacob Zuma's populist free higher education plan, which will cost the country R40 billion, will plunge South Africa into an economic crisis.

"Through this cost-sharing model, the commission recommends that commercial banks issue government-guaranteed loans to the students that are payable by the student upon graduation and attainment of a specific income threshold", Zuma said in a statement.

"... There is insufficient financial capacity in the state to provide totally free higher education and training to all who are unable to finance their own education, let alone to all students, whether in need or not", the executive summary of the commission's report said.

Final Fantasy XV's Noctis Will Be Playable In Tekken 7
Noctis is one of the two exclusive guest characters Publisher Bandai Namco promised would be added to the game as DLC. His addition to Tekken 7 is interesting, as he's the first non-fighting game character to be added to the roster.

"Should the student fail to reach the required income threshold, government bears the secondary liability". The Mail & Guardian has confirmed that Morris Masutha - an ex-boyfriend of one of Zuma's daughters - came up with the proposal.

The rand dived to a 12-month low on Friday on reports President Jacob Zuma government was considering a range of budget cuts that could include slashing social grants for the most vulnerable in order to pay for free tertiary education.

Among the Commission's recommendations are that government looks into online learning as a solution.

Carrie Underwood Suffers Broken Wrist and Other Injuries After Fall
The 34-year-old was treated at a hospital after falling down some steps on Friday night, a representative told The Tennessean . However, she didn't suffer any life-threatening injuries just multiple injuries including cuts, abrasions, and a broken wrist.

The commission also recommended that registration and application fees at universities and colleges be "scrapped across the board".

Presidency, Jeff Radebe, and the Presidential Fiscal Committee to process Heher's report in order to advise him on how to proceed further.

"I will make a pronouncement on the report once the ministers have concluded their work", he said.

European Union members ink landmark defense agreement
On Monday, around 20 other European Union member states will sign the declaration, Polish Press Agency (PAP) reported Friday. EU foreign policy chief Federica Mogherini hailed the decision as a "historic moment in European defense".

The report released Monday by Zuma said the commission recommended the government increase bloc funding to the Post School Education and Training Sector (PSET) as a whole in line with increased costs for providing quality education and infrastructure needs.

Like this: