Abstract
In discussing and analysing the profile, scope and state of higher education funding in Africa, reference to the ill-informed World Bank policy that shaped the development of the sector for nearly three decades is inevitable. The flawed policy concludes, without serious consideration of several important factors, that the rate of return on higher education is smaller in comparison to other educational sub-sectors (Psacharopoulos, 1980) and thus advised countries to divest from it. It is memorable that at one stage, in 1986, the World Bank stated that higher education in Africa was a luxury and most African countries were better off closing universities at home and training graduates overseas (Brock-Utne, 2000).
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© 2013 Damtew Teferra
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Teferra, D. (2013). Conclusion. In: Funding Higher Education in Sub-Saharan Africa. Palgrave Macmillan, London. https://doi.org/10.1057/9781137345783_14
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DOI: https://doi.org/10.1057/9781137345783_14
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