Proposed Financing Alternatives for Investment in Technical Education in Light of International Experience

Document Type : Original Article

Authors

1 pedagogy

2 technical education

3 National Center for Educational Research and Development

Abstract

Financing technical education is a critical issue for educators and economists in both developing and developed countries. This research aims to propose financing alternatives for investment in technical education by drawing on international experiences. Utilizing a descriptive methodology, the study thoroughly describes and analyzes potential financing alternatives to provide viable options for funding technical education in Egypt. The research sample comprised specialists in investment and finance from the General Authority of Investment, Investo rs' Associations, and experts in the economics of education to gather insights on potential financing alternatives for technical education in Egypt. The study identified five main categories of financing alternatives: Supply Side Funding, Demand Side Finan cing, Collaborative Financing, Self Financing, and Aid Based Financing/International Partnerships. Each category includes
appropriate financing alternatives tailored to the specializations within technical education. Based on the study's findings, a propos ed concept for financing alternatives for investment in technical education, considering international experiences, was developed. The study concludes with a set of recommendations and identifies areas for further research.

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