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So what exactly does the Fees Commission Report recommend? We've covered that before, and you can read that HERE, but I'll go into it again.

#FeesCommission: Recommendations

First off, the Commission recommends that government increase spending on Higher Education and Training to at least 1% of the GDP, bringing us in line with countries with similar economies.

The Commission further recommends that government pay special attention to Technical and Vocational Education and Training (TVET) Colleges, as they are the most drastically underfunded tertiary institutes.

Secondly, the Commission recommends that the government develop additional student accommodation to combat the severe shortage thereof. Historically Disadvantaged Institutions, according to the report, should be prioritised.

Government must, according to the report, investigate whether or not online or blended learning would make a viable alternative in addressing challenges relating to funding and capacity. We've examined online learning before: MOOCs: is the future of education massive, open and online?

Additionally, the Fees Commission recommends that TVET Colleges be made entirely fee-free for students. Government will have to fully subsidise the TVET education of all students through grants, and no student must be partially funded.

TVET Colleges to be Fee-Free

Now, the biggest recommendation of the Fees Commission is the Income-Contingent Loan (ICL), which is proposed as an alternative to the current NSFAS system.

The Commission recommends that all students, both undergraduate and postgraduate, receive funding. This applies to all students, whether at public or private colleges/universities, regardless of their family background.

This funding is to come from a cost-sharing model, where the government guarantees the Income-Contingent Loans sourced from commercial banks.

These loans are then to be paid back by students after they graduate and meet a certain income threshold. If that threshold is not reached, government takes on secondary liability for the loans.

BUT WHAT DOES THAT ALL MEAN????!!!! I hear you cry. Worry not, for I shall explain!

Basically, students will borrow money from banks in order to finance their education. They will only be required to pay back the money:

  • After they graduate, and
  • When they start earning over a certain amount

Should the students not meet that income threshold, government will be responsible for paying back the loan, making this a government guaranteed income-contingent loan.

Finally, the Commission recommends that all application and registration fees be scrapped across the board.

Registration Fees to be Scrapped

So if that's what the Fees Commission says, where do we go from here? Will this work? Hit "NEXT" below to keep reading!

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