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The Harare Institute of Technology (HIT) was established in 1988 as a National Vocational Training Centre (NVTC). Over time, it evolved into a Technical College offering courses in automotive, electrical, and mechanical engineering, producing artisans capable of operating and maintaining machinery in industry with little or no research or generation of new technology related knowledge.
The pandemic-era relief provided by the student loan payment moratorium ended in 2023, and by 2024, borrowers were back in the routine of paying their college debt — with interest.
In November and December 1994 work also started on the departments of Chemistry and Chemical Engineering respectively. Construction of the first student hostel began a year later, in September 1995. Work on the library began in April 1998, followed by the Ceremonial Hall and the Student Services Centre in November of the same year.
In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]
Harare Polytechnic's goal is to be one of the regions leading hubs of intellectual excellence in scientific, technical, vocational engineering, and technological education in preparing students for the growing knowledge economy.
The total amount of student loan debt in New Zealand has increased from 934 million [52] in 2002 to 16 billion [53] in 2021. In 2003, the average student loan debt was 12,280. [54] According to recent data that was published November 2022, the average student debt in New Zealand is now around $24,000. [53]
The titular head of the university is the Chancellor, who is the President of Zimbabwe. The university is governed by a University Council, comprising the university's chief officers, representatives of the Senate, staff and students, nominees of the Minister of Higher and Tertiary Education and representatives form various sectors of commerce and civil society.
[2] [3] Student enrollment at ZOU has been growing steadily from the time of its formation and in terms of enrollment it is the largest university in Zimbabwe. [2] The Zimbabwe Open University has seven faculties under which the academic programmes are conducted. ZOU is in the process of building it’s flagship campus at Hatcliffe.