The state should consider a graduate tax to tackle the funding challenges faced by most students at tertiary institutions, University of Cape Town (UCT) vice-chancellor Max Price said on Monday. Speaking at the Cape Town Press Club, Price warned higher education was in danger of "declining" if protests continued. UCT is to open for the 2017 academic year on Wednesday. Price said free higher education for all was not possible in the current climate, but a graduate tax would help poor students to get through university.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now