Govt will have to compromise other priorities in order to afford a fees increase: Mike Schussler

320 views · Published 19 September 2016 · 2:42 · Indexed 22 October 2026

Channel: SABC News · 2016 · News & Politics

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Money will have to be moved from other priorities for government to be able to afford to pay the university fees increase for the poor and middle class. This is according to economist Mike Schussler.
He was speaking after the announcement by higher education minister Blade Nzimande that University fees will increase by not more than 8% for families earning more than 6-hundred thousand per year. He says this decision together with others like guarantees to state owned enterprises may just raise the eyebrows of ratings agencies.

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