Social Progress and Increased Income

The challenge is at the university level as it endeavors to boost economic development, eradicate poverty and maximize the use of natural resources. However, this rising demand exceeds the rate of growth of available resources to satisfy the demand. An empirical research by DFID shows that despite public expenditure restraint under different programmes of macroeconomic adjustment, there has been a sound increase in government expenditure on education in many Afrendeavorsries.Due to increased participation and population growth, the average public expenditure per student has either stuck at low levels or gone down. The case is worsened after debt costs are taken into account. Moreover, developing countries face both quantitative and qualitative problems in education whereby there are few universities and research centers coupled with poor facilities and limited quality academic staff. For instance, the public and private universities in Angola have few post-graduate programmes and limited fields of specialization and research centers hence the need for constant improvement. Scholarships to study abroad are therefore justifiable.Studying in the developed world enables students to acquire new scientific knowledge and skills unavailable in their home countries and live in multicultural environments where people are fetched from all over the world. His Excellency Angolan Minister of Economy, Prof Manuel Junior, rightly stated that developing countries should benefit from globalization by sending more students to the developed world.