Professor Owen Skae, director at Rhodes Business School says what is currently going on in the country is deeply concerning and that people don't appreciate the magnitude of the potential crisis.
University students have been protesting against the Minister's announcement that fees can be increased up to 8% and universities are at liberty to determine their own percentage of the increase.
He says universities are chronically underfunded in South Africa and don't benchmark very well against other countries in Africa.
Universities get money from subsidies, which are declining, while the number of students at universities is increasing, says Skae.
Universities also get money from fees which are unaffordable for majority of students on campuses... universities are between a rock and a hard place right now.— Professor Owen Skae, Director at Rhodes Business School
With regards to the current situation, Skae says the students want to see that government and various stake holders have a plan.
He says if the government is able to show the plan, people of this country will appreciate that free education is unattainable, the country cannot afford it.
In the last 20 years subsidies to universities have declined by 30%, according to Skae.
You just see we are heading for a train smash down the line.— Professor Owen Skae, Director at Rhodes Business School
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