The President of the Young Democrats, Curtis Cave, has expressed concern about the way in which money is being spent at the Cave Hill Campus of the University of the West Indies.
Cave voiced this concern today while speaking to members of the Press at the launch of this year’s Young Democrats Educational Grants Programme at the headquarters of the Democratic Labour Party, George Street, St Michael.
Questioning the use of scarce funds by officials at the Campus, the third year law student, said: “It is my humble and honest belief that in light of the current financial situation in this country, projects like the Mandela Memorial Park [which is currently under construction] should not be a priority, especially when the University is facing a possible loss of revenue.
“This money, in my opinion, should go to a possible grant fund for students; research such as alternative energy to help develop our country; or in publishing more books from the lecturers on campus,” the student said. “Moreover, I wish also to see the University providing a forum and leading discussions on current topics of concern.”
Turning his attention to the commercial banking sector at a time when several students are seeking loans to finance their tuition fees, the outspoken student said: “Do not use this current situation with tuition fees to make a huge profit by setting ridiculously high interest rates.”
Instead, he suggested that the banks should “offer loans which are reasonable and affordable to Barbadian families who have helped to build [their] businesses and institutions over the years.
“This too will be seen as giving back to society and contributing to the development of our country and its people,” he added.
In terms of the Educational Grant Programme, he said the aim was to assist students who are unable to pay their fees or afford the necessities for school.
Registration for the programme began today and ends on August 15, 2014.
The president noted that while in the past five grants were offered, the Young Democrats hope to double the number and increase the maximum grant from $500 to $1000.
Cave commended City of Bridgetown Credit Union, Jada Construction, Infra Inc., L&N Workshop and ICBL Insurance Company for their sponsorship and announced that a fund raising fete will be staged at the DLP headquarters on Saturday, July 19.