Bloch (2015) in an article "free education is a worthy goal, but South Africa isn't ready for it yet" concludes the following: "There is not enough money. There is a challenge that needs a discussion of what tertiary education is for and how many graduates we need. Money cannot come from social grants or basic education or health. So, there is a huge challenge for South Africa." The provision of free higher education has been debated extensively in South Africa, and with education considered a key policy intervention to addressing poverty and inequality, government should still consider this worthy goal. Throughout your study sessions, it has been stressed that government intervene to affect the distribution of resources via direct provision, regulation, taxes and subsidies. Assignment Your group forms part of an Advisory Committee to National Treasury that has been formed to perform a financial feasibility assessment of the free higher education proposal. In performing this assessment the Committee has been directed to address the following. Review the current fiscal provision, regulation, taxes and subsidies towards higher education. Unpack the financial and fiscal implications that will arise from the free higher education proposal. How should government approach the financing of free higher education in relation to fiscal provision, regulation, taxes and subsidies?