The Financial Bugbear

Higher education means higher costs. The shortage of finance and technology is still the main problem in Thailand. It has been solved mainly by our own effort and partly by foreign assistance e.g. UNO and its subsidiary organization such as UNESCO, FAO, and ECAFE. The Colombo Plan has now become a new torch, giving its light to our people to enable them to attain technological Improvement, a broader scope of knowledge and a better understanding which will eventually lead us to prosperity.

The National Educational Council (NEC) and the Department of Technical and Economic Cooperation were established along with the educational plan to help develop the country.

According to this plan, more universities will be set up in three parts of the country—the North. North-East and the South. Basic facilities are being provided to meet this demand for change, feeder roads have been built in many areas, new dams are under construction and students are being sent overseas to study and return as lecturers in these universities. The plan has not yet been accomplished, but it is hoped that this will soon be remedied. So far two new universities have been operating although not in full capacity because of lack of lecturers, funds etc.