Five signs universities are turning into corporations
An article by Sioux McKenna in University World News, 23 March 2018 Issue No:498
Following President Zuma’s announcement of a new student funding system on 16 December 2017, Universities SA (USAf) and its member universities, the Department of Higher Education and Training (DHET) and the National Students Financial Aid Scheme (NSFAS) met and are continuing to work together to ensure that we have a smooth start to the 2018 academic year.
An article by Thandwa Mthembu, Ahmed Bawa and Sizwe Mabizela, World University News, 14 January 2018 Issue No:212
Mail & Guardian, An article by Sean Mfundza Muller 25 Jan 2018
During his successful quest to win Pennsylvania’s 20 electoral votes, Donald Trump told the state’s voters that colleges are fleecing taxpayers and enriching Wall Street.
“What a lot of people don't know is that universities get massive tax breaks for their massive endowments,” he told a crowd in suburban Philadelphia. “These huge multibillion-dollar endowments are tax-free, but too many of these universities don't use the money to help with tuition and student debt. Instead, these universities use the money to pay their administrators, or put donors' names on buildings, or just store the money away. In fact, many universities spend more on private equity fund managers than tuition programs.”