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Mobilization Strategies For Alternative Sources Of Funding Secondary Schools
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Sources of Financing Education
Various countries that are on track in
achieving UPE are now looking for innovative strategies and financing
options for expanding secondary education, consistent with national
human capital development goals. However, fiscal constraints prevent
many, especially low¬income countries, from relying solely on government
revenue to finance desired educational expansion. To solve these
problems, most countries have adopted policies to (a) charge tuition
fees to recoup part of the cost of providing public education services;
and/or (b) encourage development of private schools to handle at least
part of the expansion. Assie ¬Lumumba (2005) identifies five sources of
financing education: the state, local communities, families, businesses
and external sources. In general, for children from rural communities to
access education at 17 lower costs, there is a tendency for the most
broad¬based contribution of rural communities to the costs of education
to be situated in the framework of investment costs. The construction of
school buildings is a significant area in which community participation
is most visible and widespread mortality by about 8% (World Bank,
2005).
1.2 STATEMENT OF THE PROBLEM
Provision of good quality
secondary education is a critical tool in generating opportunities and
benefits of social and economic development (World Bank Report, 2005).
Educating people means putting opportunities into their hands and it is
recognized as one of the best anti¬poverty strategies. It is also one of
the best ways of ensuring a country’s economic prosperity and
competiveness. It is estimated that average earnings increase by 11%
with each additional year of education (Ndichu, 2003). A critical
analysis of the Public and Private expenditure in education, however,
indicates that the public and households are not getting their money’s
worth in education (MOEST, 2001). This is because the country does not
enjoy enrolment and participation rates consistent with its high level
of public spending in education. As indicated in the sectoral analysis,
the entire education system faces problems of access, equity,
completion, equality and regional and gender disparities. As the
government and other players in education therefore, find alternative
viable strategies in pursuit of quality education for all, there are
major challenges in the cost and financing of education that need to be
addressed. The Facilities Development Unit of the Ministry of Higher
Education also grants funds for specific development projects in schools
identified for the development of certain facilities.
1.3 OBJECTIVES OF THE STUDY
To determine the strategies mobilized for alternative sources of funding secondary schools in Enugu State.
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