Creative solutions will go a long way in assisting South Africa's universities to meet their financial commitments. This comes after the 0% fee increase that followed the #FeesMustFall campaign and protests, which erupted after a proposed 10,5% increase in 2015.
However, universities are reportedly facing financial collapse as government funding was reduced, and the economy continues to stagnate. Higher education institutions are also reportedly struggling to collect fees from students.
702's Azania Mosaka spoke to CEO of Universities SA, Professor Ahmed Bawa about possible solutions.
Listen to the interview here:
Some of the suggestions that have been put forward are graduate tax and asking parents to donate funds to various universities' Student Financial Aids Schemes.
Universities are quite fragile because funding levels of universities was already at a low level compared to other countries.— Professor Ahmed Bawa, CEO of Universities SA