Today's Big Stories

Graduate tax is the way to go for SA, says UK's Peter Hain

Prominent activist and British politician Peter Hain says that South Africa's university funding crisis would benefit through relief from a graduate tax.

He reflected on his close accounts with the student protests during his time as a visiting professor at the Wits Business School this year.

Hain advises the current fee system, similar to Britain's, is dysfunctional and creates hardship and great unrest in the country.

He says that student loans and historical debt is frustrating students, while universities have dwindling capital funding.

Instead, Hain suggests a graduate tax which would mean that employed graduates pay a portion of money back to universities through their tax.

He advises that the amount of graduate tax would be proportionate to the a graduates salary and job title.

The more you earn, the more you pay.

Peter Hain, Prominent activist and British politician

Listen to Peter Hain's views below:


This article first appeared on CapeTalk : Graduate tax is the way to go for SA, says UK's Peter Hain


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