IMPACT OF FOREIGN AID ON HIGHER EDUCATION OF THE DEVELOPING STATES

Abstract

Foreign aid is crucial in raising the standard of education in under-developed nations. Numerous organisations, including the UN, the World Bank, and other non-profit firms, have contributed to the promotion of high standards of education in a number of developing countries. Foreign aid has played a vital role in promoting education, and USAID is the main US education assistance agency that helps eradicate poverty and low literacy rates. The aim of this study is to analyse the role of Foreign aid in promoting higher education in developing nations. This research has used the method of secondary qualitative and has taken assistance from past literature and research. The findings of the study have revealed that foreign aid is a crucial element and helps in promoting higher education in underdeveloped nations such as the Middle East, North Africa, and Asia.