Ghana currently has 545,000 tertiary students, out of which about 110,000 graduate annually, with only an estimated ten percent securing jobs every year after NSS (excluding NABCO interns).
The challenge is how to make our graduates relevant to the Labour Market and grow the graduate numbers consistent with the economy’s growth path, pace, and dimensions.
While at this, the President has outlined an audacious vision of increasing the number of tertiary students to 1.2 million by 2030.
That is increasing Gross Tertiary Enrollment from 18% to 40%; more than doubling the current number which is already an uncontrolled source of unemployment.
So what will we do with these graduates, when we have no use for the majority of the current 545k tertiary students?
About Million, tertiary students would mean annual graduation of about 350,000, quite comparable to numbers in Europe.
What are we doing differently today, to make our future graduates Labour Market Relevant apart from the sweet-scented speeches?
Do we have a working strategy for reversing our over-dependence on imports, including imported debts?
Even in ICT, beyond the tech hubs that provide workspaces and enterprise technical support, what is the financial model for supporting ICT startups?
Without effective financial ICT startup policies, we cannot create our Twitter in Ghana and may end up constricting the outcomes of STEM to job opportunities instead of Job Creators.
If you ask me, I think we should rather strengthen post-secondary skills development and employment rather than double tertiary enrollment, as our economy is not positioned for that.
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