Education Financing Project

The most valuable security in the world is knowledge; the government must finance, protect and maintain it.

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EDUBOND/EDUFIN: FINANCING TERTIARY EDUCATION

This is a fiscal policy (design and laws) for financing education and retaining the educated citizens in the system to help develop the nation. EDUFIN is an equity concept of making sure education reach everybody including the under privileged. It is a design of financial mechanism of drawing resources from all possible sources to enhance the educational capacity of the citizens. It is designed for the rich and the poor. It is focused on three key words: Wish, Capacity and Access (WCA): A student who wishes to be educated in a particular field, and who possesses the capacity to undergo the desired field of study should have access to funds.

The project is based on the theory that the most valuable security in the world is knowledge; it is the means with which we transform materials into values. And because it is the most valuable, it should be well financed, protected, retained and maintained. The future of a country depends strongly on how its education is managed. Education is the means for programming the citizens. Most governments take strong interest in educating their citizens which has been a great burden on their budgets. EDUFIN provides an arrangement for improving the education economy and autonomy.

It is about bringing students under equal financial probabilities. EDUFIN is designed with problems of lack of education in mind. It makes the student approach the financial market to get funds which can only be used for the right purpose -education. The student will use his/her FUTURE as security backed up by a life insurance against death or disability. It is a futures market. It makes children of the poor and the rich have quality education without unnecessary strain on the parents, the government and the students.

EDUFIN is competitive and democratic in design. It will bring discipline and an end to student unrest and cultism. It is fair to the government, fair to the student and fair to the parents. It is an attempt to improve family values. It is also easy to administer. The design is one best way to improve developing countries education economy.

Salis and Associates PC