Free higher education would have financial consequences: Treasury

Free higher education would have financial consequences: Treasury

If more money was allocated to higher education, there would be consequences for the country.

Commission of Inquiry into Higher Education and Training Fees Commission_jacanews
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This is according to the Treasury's Michael Sachs who on Friday gave a presentation to the Fees Commission.


The commission was established after the countrywide Fees Must Fall movement which saw student protesting for free higher education.


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Sachs explains money would either have to be taken from somewhere else or taxes would have to be increased.


"Our main message today is that resource constraints are real constraints and when you have real resource constraints, anything that you do to allocate resources in the system somewhere has consequences somewhere else in the system. There isn't a place where we can simply pick up resources and allocate them to address a problem without there being a consequence," Sachs said.

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