Zinasu criticises new loans for excluding students whose parents are not formally employed

Zimbabwe National Students’ Union (Zinasu) secretary-general Makomborero Haruzivishe criticised the newly launched Higher and Tertiary Education loan facility stating that it excludes students whose parents are not formally employed.

Said Haruzivishe:

What we the students want are loans that are accessible to all, not these loan sharks whose loans are only accessible to the formally employed. It is an irony given that we have an at least 90% unemployment rate in Zimbabwe. The loans that have been offered by the ministry neither address the problems of massive student dropouts and deferments due to failure to pay fees nor are they accessible to the majority of suffering students as they are oriented at profit-making.

He also said that Jonathan Moyo’s ministry could have copied the University of Zimbabwe which has successfully implemented payment plans.

More: NewsDay

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