Nsfas writing off almost R2bn in historic debt, DA says

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The party supports Nsfas writing off the historic debt of qualifying poor students who were currently studying, but slams those who can, but won't pay their debt.

The party supports Nsfas writing off the historic debt of qualifying poor students who were currently studying, but slams those who can, but won’t pay their debt. says the National Student Financial Aid Scheme was currently in the process of writing off R1.963 billion in historic debt.

“As far as the criteria are concerned…if the process of clearing historic debt is based solely on non-payment by past beneficiaries, it is an indictment on NSFAS for not collecting monies owed to it and those individual beneficiaries for failing to pay back. The MP said while the DA supports Nsfas writing off the historic debt of qualifying poor students who were currently studying, the party cannot condone Nsfas writing off the historic debt of those who were able, but unwilling to pay, and who may never have been forcefully required by Nsfas to pay.

“Individuals who obtained a good job after their graduation have simply been let off the hook, robbing current and future students of an opportunity to access higher education opportunities.

 

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