UWI student leaders suggest NHT-style funding to finance tertiary education
Student leaders from the University of the West Indies are suggesting the establishment of an education trust to help with tertiary education funding.
In recent years, the government and other stakeholders have been debating the issue of tertiary education funding in light of increasing demand.
The UWI Mona Guild of Students says a suggestion for an education trust was one of several put forward yesterday during a meeting with the Education Minister Ronald Thwaites and executive director of the Students’ Loan Bureau (SLB).
Outgoing guild president Lerone Laing says the trust would operate similarly to the National Housing Trust (NHT).
This is not the first time such a fund is being suggested for financing tertiary education.
In 2013, Thwaites said Jamaica will have to look to establishing a devoted fund for that purpose.
He argued then that heightened demand for student loans and the annual rise in tuition costs have significantly increased the pressure on the limited resources of the SLB.
He made the suggestion while contributing to a motion in Parliament by Dr Dayton Campbell which called for an urgent examination of the adequacy and affordability of funding tertiary education in Jamaica.