Why Education is Important for All South Africans

by Staff Reporter

Nelson Mandela famously believed that education is the great engine of personal development, the most powerful weapon you can use to change the world and that no country can truly develop without educated citizens.

So, why is education critical in South Africa, and how do you get there?

Increase Your Chances of Getting a Job

According to Stats SA’s Quarterly Labour Force Survey, there are 7.9 million unemployed South Africans in the second quarter of 2023.

Only 6.6% of the unemployed persons have some form of tertiary qualification, and a mere 2.4% of the unemployed are graduates. Obtaining a tertiary qualification in South Africa increases the chances of employment, which is why it is viewed as a vessel to financial freedom.

Personal Development and Well-Being

The role of education goes beyond simply acquiring skills for a particular career – it is essential for both personal development and well-being.

Personal development is a lifelong journey with no time limit. It improves self-awareness, gets you out of your comfort zone by encouraging change, promotes a sense of direction and inspires others to action.

Well-being refers to happiness and prosperity. It involves building a high level of life satisfaction, having a purpose, and the ability to manage physical and emotional stress.

Study Your Way

The road to reaching your educational aspirations comes in many forms – whether you prefer traditional learning at a university or taking it a step further and pursuing a postgraduate or doctoral degree.

If you are a professional looking for career progress, online learning is one of the most viable options that allows you to study in your own time wherever you are.

The academic route is also not the only way – Technical Vocational Education and Training (TVET) colleges equip you with the hands-on skills for your dream job.

How Do You Get There?

At Fundi, we understand the challenges that South Africans face when it comes to financing their studies. This is why we’ve partnered with Capitec, who shares our belief that your true calling is waiting and is making it possible to get there through an affordable student loan.

With a Capitec education loan, you get up to R500 000, which is not limited to a particular learning institution. It opens the door to study at all South African-registered institutions, giving you access to over 25 000 places of learning.

Pay For More Than Just Fees

Beyond the cost of your fees, there are additional educational expenses. The Capitec education loan gives you more to help you cover them.

Financing education shouldn’t result in a lifetime of debt. The Capitec loan offers competitive interest rates from prime. You’ll be paying back your loan at a rate that won’t break the bank, so you can focus on your studies and career goals.

Don’t let financial constraints hold you back from the future you deserve. Unlock your potential and apply for a Capitec education loan today.

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