WHY ARE SOUTH AFRICAN UNIVERSITIES SITTING ON BILLIONS??

This is a video about endowment funds in South Africa and the money that flows from government to state funded institutions but importantly the money that supposedly sits and does nothing to help students. The money that lies in university endowment funds.

See one conversation that came up during #FeesMustFall was that there was no money to fund universities adequately enough in key areas, so some of the activists asked why not redirect some of the billions sitting in varsity endowment war chests. Why not use that money to subsidize students looking for an education?

The fact is that In South Africa our universities like many in the west, have billions or rands or dollars, sitting in endowment funds but how and for what they use these funds for, remains contentious for those who give and for those who feel squeezed by fees.

Also we look at how a how much money some universities have and how some rely on endowment funds for key programs.