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Higher Education Financing in Lesotho: Regulation to Realize Its Sustainability and Increase Inclusiveness
Journal of African Law ( IF 0.3 ) Pub Date : 2020-12-28 , DOI: 10.1017/s0021855320000327
Morongoe Nkisi

Higher education plays a central role in countries’ realization of their socio-economic development and in establishing a competitive, skilled workforce globally. The need for a skilled workforce, combined with scarcity in financial resources pertaining to higher education, has resulted in governments resolving to finance higher education. This article seeks to encourage adequate regulation to realize the sustainability of higher education financing in Lesotho, to achieve greater inclusiveness in institutions of higher learning. Through the National Manpower Power Development Council Act 8 of 1978, the Lesotho government established the National Manpower Development Council, which is aimed at facilitating the granting of loan bursaries from a fund administered by the National Manpower Development Secretariat. However, these efforts have faced challenges due to the increased cost of financing higher education. Poor management of the loan recovery function, increasing default by graduates on their repayment obligations and a lack of concerted efforts between the respective government departments threaten its sustainability.



中文翻译:

莱索托的高等教育融资:实现其可持续性和增加包容性的法规

高等教育在各国实现其社会经济发展以及在全球范围内建立具有竞争力的熟练劳动力方面发挥着核心作用。对熟练劳动力的需求,再加上与高等教育相关的财政资源的匮乏,导致政府决心为高等教育提供资金。本文旨在鼓励进行适当的监管,以实现莱索托高等教育融资的可持续性,以实现高等教育机构的更大包容性。莱索托政府通过1978年第8号《国家人力发展委员会法》,成立了国家人力发展委员会,其目的是促进由国家人力发展秘书处管理的基金发放贷款助学金。然而,由于资助高等教育的成本增加,这些努力都面临挑战。贷款追回职能管理不善,毕业生拖欠还款义务的情况日益增加,政府各部门之间缺乏协调一致的努力,威胁到其可持续性。

更新日期:2021-03-04
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