Accessible, high quality education that is relevant with regards to the needs of the market is crucial for any developing country’s efforts to achieve sustainable development and prosperity. It ensures that the country becomes competitive in the global marketplace and leads to increased productivity, and a better quality of life. With more than 68 million children under the age of 15 to educate, Pakistan must rise to the challenge and create a sustainable path to a better future for the country and its youth.

Thus, universities, colleges and institutions of higher education must expand their resources to provide affordable education and relevant training opportunities. Depending solely on India governmental funding and an annual budget is not enough to meet the increasing demands of access, quality and expansion of higher education institutions. It is necessary that sustainable financial mechanisms that exist in perpetuity and increase each year (such as student endowment funds) and training centers that offer support to students wishing to establish their own start-up businesses are placed at each college/university.

Sustainable support

Public education, which is the least expensive education option and thus affordable to most Pakistanis is increasingly tasked with a greater number of students, the need for more financial aid to help talented but needy students, and attract and sustain qualified teachers. While governmental funding varies according to government priorities, educational institutions must take immediate steps to alleviate the financial burden of affordable education. Responding to societal needs by delivering quality and relevant education requires an ongoing commitment and therefore, a sustainable financial source. Private education may gather the same benefits from such sustainable financial sources.

Financial independence and stability

Additional funding resources to all educational institutions are needed at all times to expand their resources and to offer greater financial assistance to the many talented students that cannot afford to continue their education due to financial constraints. Most donations and scholarship funds are time-limited in duration. In general, they disburse the capital funds dedicated for financing a scholarship within the time frame directed, with little in the way of long-term perspectives.

Endowment funds are radically different. They are created for “perpetuity”, in the sense that only a specific portion, namely, the accrued interest, may be used for the pursuit of the endowment’s goals. In short, an endowment seeks a substantial sum at the outset that forms the equity, and scholarships are paid out from investment gains made from this sum.

Student entrepreneurship

Education must respond to the current challenges and demands of a society. It must support student entrepreneurship and innovation. Resources, both in the shape of knowledge and seed money, should be available for deserving students to support their ideas in the form of start-up businesses. Students need to explore their talents, innovate and experiment with new ideas using their own start-ups as a bridge to success even before they finish their academic training. While pursuing higher education, students are ideally positioned to utilise the time to come up with breakthrough ideas that can become very beneficial to them, to educational institutions and to businesses.

Students can benefit immensely by doing research, bringing together new ideas and taking calculated risks to bring to life businesses that otherwise would not be possible.

Load More Related Articles
Load More By itsmyownway
Load More In Education


  1. educational sites

    April 28, 2017 at 11:56 pm

    I feel this is one of the so much significant information for me. And i’m glad reading your article. However wanna remark on some common issues, The site style is great, the articles is really great : D. Just right process, cheers

  2. investment

    May 3, 2017 at 7:55 pm

    I’m not certain the place you’re getting your information, but great topic. I needs to spend a while finding out more or figuring out more. Thanks for magnificent information I used to be looking for this information for my mission.

  3. small business administration

    May 4, 2017 at 6:36 pm

    Sweet blog! I found it while browsing on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks

  4. get a job

    May 5, 2017 at 5:33 am

    I always spent my half an hour to read this web site’s posts all the time along with a mug of coffee.

  5. gold as an investment

    May 5, 2017 at 6:58 am

    Attractive section of content. I just stumbled upon your blog and in accession capital to assert that I get actually enjoyed account your blog posts. Anyway I’ll be subscribing to your feeds and even I achievement you access consistently quickly.

  6. advice on employment

    May 5, 2017 at 5:03 pm

    Asking questions are really nice thing if you are not understanding anything entirely, however this article offers nice understanding even.

  7. get a job

    May 6, 2017 at 4:29 am

    Hi there, simply was aware of your blog via Google, and found that it’s really informative. I’m gonna be careful for brussels. I will appreciate when you continue this in future. Numerous folks will be benefited from your writing. Cheers!

  8. home based business directory

    May 6, 2017 at 8:27 am

    Hi there it’s me, I am also visiting this web site on a regular basis, this web page is truly fastidious and the people are actually sharing good thoughts.

  9. work from home jobs

    May 6, 2017 at 7:51 pm

    Your style is unique in comparison to other folks I have read stuff from. Thanks for posting when you have the opportunity, Guess I’ll just bookmark this blog.

  10. cours de theatre paris

    July 20, 2017 at 9:05 am

    Looking forward to reading more. Great blog post.Really thank you! Fantastic.

  11. borvestinkral

    July 23, 2017 at 11:11 pm

    My brother recommended I would possibly like this blog. He was once totally right. This submit truly made my day. You can not imagine just how a lot time I had spent for this info! Thanks!

Check Also

In the Details: How Little Things in Your Home Can Help

It’s often said that the devil is in the details. When it comes to your home, those …