In 2022 students owing large amounts were not allowed to return in the second semester
Stadio, the private tertiary education specialist with a R3.8bn market value, is taking a firm line when it comes to outstanding student fees.
Vorster said the weak economic environment in SA was further affected by higher levels of load-shedding as well as higher inflation, fuel prices and interest rates. “This added strain to our students and their ability to meet tuition payments.” Stadio was spun out of PSG-controlled private schools business Curro in 2017. Curro develops affordable private schools. Stadio has focused on offering affordable university and other tertiary courses via online tuition and physical campuses.
Vorster explained that management also sought additional funding solutions for students and looked to retain tuition fee increases aligned with inflation, despite little or no increases in fees in 2021.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Micro part, major impact | BusinessThe global semiconductor shortage, expected to reach into 2022, is having a major impact on the production of new cars. glendaw13 reports.
Read more »
People are losing interest in NFTs - IT-OnlineThere has been some significant cooling off in the NFT market, according to BitcoinCasino.com, which says that interest in the market has dropped 76% year-on-year. The search volume dropped from a peak of 100 in April 2022 to just 24 in April 2023. “The NFT market that was previously thriving is gradually becoming less active,” […]
Read more »
The environmental impact of blocking crypto miners - IT-OnlineFollowing on from Earth Day 2023, Kaspersky has revealed new data on the environmental impact of blocking crypto miners, saying it prevented more than 200-million attempts at illegal crypto mining in 2022 – and in the process saved the possible energy equivalent of up to 3 000 tons of CO2 emissions into the atmosphere. Crypto […]
Read more »
Crypto in the UK growing faster than anywhere else - IT-OnlineThe global crypto market is expected to gross $37,8-billion in revenue this year – 105% more than in 2022 – and almost half of that value will come from the the world’s largest crypto market, the US. Although the US market accounts for the largest share of global crypto revenues, one other crypto market is […]
Read more »
SA climbs to fifth place for cybercrime density - IT-OnlineSouth Africa’s cybercrime density rose by 7,8% between 2021 and 2022, resulting in the country’s rise to fifth place compared to sixth in 2021, according to Surfshark research analysing cybercrime density worldwide. The increase in cybercrime incidents in South Africa highlights the need for increased cybersecurity measures. Phishing was the most prevalent cybercrime worldwide in […]
Read more »