Finance and Education


Finance and Education

Having studied international business administration with bias in finance, I have come to appreciate the fact that the quality of live is dictated by the availability of finances. The economic well-being of say an individual or a community or a country dictates how things are done including the education. A financially stable country educates its citizens.

My sentiments are also captured in the Kenya National Bureau of Statistics Report Report 2008: Monitoring the Situation of Women and Children, Multiple Indicator Cluster Survey 2008, the case of Moyale. In the report a clear positive correlation between education and brain development is noted to be having some relationship. It is well recognized that a period of rapid brain development occurs in the initial three to four years of life, with the quality of home care being the major determinant of the child’s development during this period. In this context, adult activities with children, presence of books in the home for the child and the conditions of care are important indicators of quality of home care.

A World Fit for Children goal is that “children should be physically healthy, mentally alert, emotionally secure, socially competent and ready to learn”. Information on a number of activities that support early learning was collected in the Moyale district MICS survey. This included the involvement of adults with children in the following activities: reading books or looking at picture books; telling stories; singing songs; taking children outside the home, compound or yard; playing with children; and spending time  with children, naming, counting, or drawing things.

The report also attributed poor education to domestic violence which in most cases is fuelled by the financial instability in the family. Also when the family unit is financially incapacitated, the children become vulnerable to abuses like child labor. The situation has never been any different for other places where financial constraints are prevalent. The pastoralists, nomads and the peasants have been hard hit by this problem hence the low turn-out in schools and consequently the poor development on these areas.

Through projects by organizations like Hifadhi Africa, synergy from the stakeholders, facilitation from the government and the good will from the victims, vulnerable communities can be helped to improve on education and consequently on the living standards. This needs to be expedited so as to ensure that the innocent brilliant and helpless kids get a chance to go to school and make to live their dream lives other than the one defined by the environmental conditioning.

The haves in the society have not been also fully sensitized on the importance of education. There are families who have money but they do not appreciate the need for education. As those who are poor struggle to get something to take the kids to school, some rich people do not see the importance of education. This therefore calls for sensitization across the board so as to correct this situation.

As Horace Mann puts it (Pioneering American Educator, 1948) Education beyond all other devices of human origin, is a great equalizer of the conditions of men-the balance wheel of the social machinery.

-Article by Joshua Bett.

/ Education

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