RISE Mzansi Youth and Student Chapters are deeply concerned about the impact of university debt on South African students. According to recent reports, over 600,000 students owe more than R5.8 billion in outstanding fees, preventing them from receiving graduation certificates. We understand the financial pressures facing universities, including rising education costs and the need for financial sustainability. However, withholding qualifications due to debt can severely impact students, hindering their employment opportunities and personal growth, especially for those facing financial hardship.
To address this issue, RISE Mzansi advocates for improved financial aid, debt forgiveness programs, and flexible repayment options. These solutions could enable students to obtain their qualifications, access job opportunities, and contribute to reducing South Africa's graduate unemployment rate, currently at 10.6%. Such changes are crucial to support students and ensure the long-term sustainability of our educational institutions.
For more information, download the complete media statement release above.
ENDS…
Issued by:
Lawrence Manaka
RISE Mzansi Youth and Student Chapters, Convenor
Khanyisile Xayimpi
Youth and Student Chapters, Communications Officer
072 490 9280