NWU Business School Think Tank – NSFAS and the consequences of government cost cutting
This past week the Business School at the North-West University (NWU) held a think tank focusing on the National Student Financial Aid Scheme (NSFAS), and specifically on the consequences of government cost cutting in the 2021 budget with respect to tertiary education.
There was consensus that the consequences of a capital deficit have an enormous direct impact on universities. Academic institutions land in the crossfire between the government and society every year, and the demographic and social development of the country is left with a whole range of unforeseen consequences.