According to a report in the Business Day, University of Pretoria is on the verge of being in deficit after being owed more than R200 million by students.
University of Cape Town (UCT) and University of Witswaterstrand (Wits) are reportedly on the same path.
Dr Ingrid Tufvesson, Former Chairperson of the Higher Education Transformation Network (HETN) says it is worrying that universities haven't thought of a way to raise funds rather than wait for government subsidies.
Finance Minister, Pravin Gordhan on Wednesday made an announcement that an extra R5 billion was made available for higher education, however, Tufvesson says it is not enough.
We cannot have a constitution that says education is a right for all and not put in place measures to make that possible.— Dr Ingrid Tufvesson, Former Chairperson of the Higher Education Transformation Network
Tufvesson says that these Universities that are on the brink of deficit are institutions that have previously enjoyed being privileged.
She says Fort Hare university has managed to educate most South African students without demanding fees from most of them, therefore these universities should ask how is this university managing.
To hear more from Dr Tufvesson, listen below:
This article first appeared on CapeTalk : Gordhan's extra R5 billion not enough for universities on the verge of deficit