UCT's historic student debt currently stands at over R385 million. The University of Cape Town will not be scrapping the fee blocks for students with historic debt.
"The further proposal put forward [by] UCT executive on 24 February 2023 to manage fee blocks had been rejected by the SRC prior to this meeting . The SRC’s proposal for the complete lifting of all fee blocks was not supported by Council," Moholola added. "It remains a critical part of the executive's fiduciary responsibility to ensure that fee debt does not grow year-on-year and that the university does not 'lend' recklessly as a result of fee payments not being made," UCT said.
On Wednesday, a group of student protesters disrupted lectures on the upper campus after word spread that the university was not planning to scrap fee blocks.UCT said, while it is keeping fee blocks in place for 2023, the UCT executive had worked hard to maximise eligibility for registration of academically eligible students.
Lisaleesolomon1 Lekker like a cracker.
Lisaleesolomon1 It's not feasible to scrap debt.
Lisaleesolomon1 Moscow on the Hill has capitalistic tendencies 😂
Lisaleesolomon1 10/10.