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Historical debt settlement is a short-term solution: Sasco - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Historical debt settlement is a short-term solution: Sasco via SABCNewsOnline

) should have been spent on future funding. The Higher Education Department says the money will be used to settle the historical debt owed to universities by more than 52 000 NSFAS-funded students.

“I think this is narrow, and with great respect to the office of the ministry, to say that they are going to allocate close to a billion rand for historical debt, it adds to the problem. Going forward, five years from now or next year are they still going to add another billion rand for historical debt again? So, secondary to that, it doesn’t focus on a logical conclusion of what we’ve been calling for.

Earlier, Higher Education Minister Naledi Pandor announced that an additional sum of R967 million had been set aside to settle historical debt owed by over 52 000 NSFAS-funded continuing students.

 

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Historical debt settlement is a short-term solution: SascoStudent's body Sasco says the allocated additional sum of more than R960 million to the National Student Financial Aid Scheme (NSFAS) should have been spent on future funding.
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NYDA commends Pandor's NSFAS decision - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%The National Youth Development Agency ( NYDA ) has commended Higher Education Minister, Naledi Pandor, for allocating close to one-billion-rand to the students' historical debt.% I love it Of the historic debt how much is for students who failed first, second or third year or who failed any year twice or three times. Surely those debts are not paid.
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