Spokesperson for the Presidency, Bongani Ngqulunga says the long awaited Fees Commission Report makes two important recommendations.
- Funding to the universities should be increased to 1% of the GDP
- TVET students given loans from commercial banks that are guaranteed by the State.
There are many other recommendations that are made by the Commission through its report but these two are the bottom lines.— Bongani Ngqulunga, Spokesperson for the Presidency
Ngqulunga says the Commission has handed the report to the President suggesting that there should be an engagement with the commercial banks regarding the loans
They do not get into the modalities of the details on how this thing can be achieved.— Bongani Ngqulunga, Spokesperson for the Presidency
According to Ngqulunga, the President has established two committees to look into the recommendations made by the Fees Commission and advise the President on what needs to be done.
The President will inform the public in the later stage on what government intends to do with the report by the Fees Commission, he adds.
There is no timeline as to when the President will report back but Ngqulunga, but he says the Presidency is very aware of the urgency of the matter.
To hear more from Bongani Ngqulunga about the Fees Commission Report, listen below:
This article first appeared on CapeTalk : Free education for TVETs and university loans provided says Presidency