If universities had the same far-reaching impact that say a stock market did, today would be deemed a ‘Black Monday’. Universities across the country have been closed following the University of Witwatersrand fee protests last week. Wits decided to halt the decision to increase student fees by 10%, which has led to protests at institutions like Rhodes University and the University of Cape Town. Matthew Lester, Professor of Tax at Rhodes, was informed by email that all academic activities were cancelled. Off the back of this Lester looks at the affordability of a family sending a child to tertiary education. The numbers don’t look good and a working solution is not any easier to find. – Stuart Lowman
by Matthew Lester
Yesterday I woke up to an email ‘ Academic Activities Cancelled at Rhodes University today!’ Student protests. But there is a lot more to this email than meets the eye.