The South African government is on a mission to raise R147bn over a period of 15 years in order to carry out their project aimed at alliviating the backlog of students looking for living space in South Africa
This was revealed in a report released by the Minister of Higher Education Blade Nzimande on Wednesday.
Releasing the ministerial committee’s report on the review of the provision of student housing in Parliament, Nzimande said inadequate student housing had been a contributing factor to the country’s high university failure rate.
He said the student bed shortage stood at about 195 800 in 2010 and was expected to rise to 207 800 next year