'Fees Commission Report fell far short of what students wanted'

The much anticipated Fess Commission Report recommends that students studying at tertiary education institutions be funded through a 'cost-sharing model of government guaranteed income-contingent loans' from commercial banks, regardless of their family background.

Economist Xhanti Payi believes the reason banks were preferred institutions chosen by the Fees Commission to offer loans to students is that they are easily accessible and would be more efficient in distributing funds than any other institution.

He says anybody can access the bank to apply for a loan, but because they are government guaranteed, it will no longer exclude people who are poor.

That guarantee from the bank is a much stronger guarantee than anything else because banks tend to trust government.

Xhanti Payi, Economist at Nascence Advisory and Research

Although Payi thinks the recommendations made by the Fees Commission could be feasible, they are far from what the students wanted or were expecting from the commission, which is free education.

Read: Banks can't lend money without expecting it back: Fees Report

I think the question the commission strongly dealt with, was to make sure that everybody has access to education. I don't think they have come close to what the students wanted which is free education.

Xhanti Payi, Economist at Nascence Advisory and Research

To hear the rest of the interview, listen below:


CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Income-contingent loan model opens the way to deal with missing middle - Bawa

Income-contingent loan model opens the way to deal with missing middle - Bawa

The Commission recommends that NSFAS be replaced at universities by Income-Contingency Loans.

Banks can't lend money without expecting it back: Fees Report

Banks can't lend money without expecting it back: Fees Report

Director of Banking Association of SA says they are prepared to play a role but the fees recommendations need to be sustainable.

Zuma's rumoured free education plan could be ploy for 2019, says Ralph Mathekga

Zuma's rumoured free education plan could be ploy for 2019, says Ralph Mathekga

Political analyst Ralph Mathekga says rumors of free education are in line with Zuma's 'radical economic transformation' rhetoric.

Free education for TVETs and university loans provided says Presidency

Free education for TVETs and university loans provided says Presidency

Spokesperson for the Presidency Bongani Ngqulunga outlines some of the recommendations made in the Fees Commission Report.

Free education should've been implemented a long time ago - Holomisa

Free education should've been implemented a long time ago - Holomisa

UDM Leader, Bantu Holomisa responded to reports that the President is interfering in the operations of National Treasury.

Zuma open to meeting with students after Imbizo collapses

Zuma open to meeting with students after Imbizo collapses

#FeesMustFall student leaders have been accused of grandstanding and being dishonest in their demands for free education.

Fees will increase in 2017 by no more than 8% - Nzimande

Fees will increase in 2017 by no more than 8% - Nzimande

Fee increase, but government to pick up tab for the poor. Unhappy Wits students are threatening a shut down.

Popular articles
Oscar's family unhappy with producers as movie makes SA debut this weekend

Oscar's family unhappy with producers as movie makes SA debut this weekend

The movie stars Joburg-born actor Andreas Damm as Pistorius and Victoria Secret model Toni Garrn as Reeva Steenkamp.

Statement to remove LLB programme from SA universities is misleading: Max Price

Statement to remove LLB programme from SA universities is misleading: Max Price

Max Price says Council on Higher Education's announcement that UKZN, UCT and UL could lose their LLB accreditation is not right.

DStv subscriber? ANN7 thanks you for the payday!

DStv subscriber? ANN7 thanks you for the payday!

Bruce Whitfield interviews Outa’s Wayne Duvenhage about his open letter to MultiChoice, who will pay ANN7 R245 million.

Is taking items from the hotel room stealing?

Is taking items from the hotel room stealing?

Tsogo Sun Cape regional manager explains which items are free to be taken home by guests and why.

WATCH: Innovative spray limits toilet flushes and saves water

WATCH: Innovative spray limits toilet flushes and saves water

Loo Me is a simple yet effective scented foam that takes the yuck out of "mellowing" toilets preventing multiple flushes.