Ten things you should know about the Heher education fees report
After the release on Monday of the long-awaited Heher Commission report into the feasibility of scrapping fees at higher education institutions, here are 10 recommendations made in the report:
1. The government should increase its expenditure on higher education and training to at least 1% of GDP.
2. The National Student Financial Aid Scheme (Nsfas) should be replaced by an income contingent loan (ICL) system.
3. Registration fees should be scrapped across the board.
4. An education fund to which companies can donate should be established.
5. All TVET college students should receive a fully subsidised education.
6. All TVET students should receive a stipend.
7. The report recommends that a cost-sharing model for funding of university students be adopted.
8. Long unclaimed pension fund benefits should be used to provide stability for the ICL system.
9. A ministerial task team should be established by the education minister to advise him on funding for the poor and missing middle.
10. Universities should raise funds from their alumni.