The capping of allowances by NSFAS has exacerbated student’s financial woes, with Universities South Africa reporting an accumulation of over R70m in debt in 2023.

At Rhodes University the concern about this is palpable.

FULL REPORT HERE: https://www.enca.com/videos/discussion-higher-education-student-debt-ballooning

The National Debt Mediation Association has warned over-indebted consumers who are under administration to be aware of unscrupulous administrators, who abuse the process by taking advantage of the lack of knowledge of consumers. Magauta Mphahlele from National Debt Mediation Association is in studio to give more information.