Question

Literature review of an investigation of the funding of higher education in South Africa

Answer 1

Answer

• Let us have a look at the Current model for universities .The cost of giving education in the country of south Africa is about R 50 billion when see annually .The south Africa is a subscriber of funding kind of a framework in which there is sharing of cost with the beneficiaries like the government and the student.
• Also if we look at the state contribution towards the education of universities, we will see the declination from about forty nine percent of the century to about forty percent since the year 2012. Meanwhile the pressure on the students has drastically increased from twenty four percent to thirty one percent in the same period of time that is since 2012. Therefore every year there is a protest of students who demand free education or subsidies tuition fees or a cap on their fees or fee waivers etc. The reports by the South Africa ministry who had the committee which review the university funding plans do not recommend the subsidies in the fees. Also if we have a look at the fees hike, in South Africa from the year 2010 to 2012, there are 23 govt. universities have an increment of about R 12.2 billion to R 15. 5 billion in the tuition fess which is a big and serious issues for the students there. The debt on the student is also increasing from 2.6 R billion to 3.4 R billion facing an increase of revenue fall in the universities.
• Now for the Future funding of higher education in the South Africa. The NDP which is National Development plan has shown a requirement in the higher education level sector to make the increment in the enrolment level every year from about 950,000 to 1.6 million by the year 2030 since 2010. Because until the cost of higher education does not reduce as ways are being found out , then funding is require with increased annual enrolment .The country like South Africa has 0. 75 % of its spending of the gross domestic product (GDP) while comparatively Germany spends GDP of 1.1 % .So the Govt. must increase its spending level of higher education in the south Africa .It the spending is increased to 2 % of the GDP it will lessen the burden of student on funding their own higher education

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