Policy Problems in Financing Vocational and Technical Education: Implications for Technological Advancement

This study was designed to investigate policy problems in financing vocational and technical education with implication on technological advancement. The study adopted a survey research design. The population of the study was 195 lecturers in Enugu State higher institutions. Two higher institutions were randomly selected and the entire 80 lecturers were included in the study. The instrument used for data collection was a structured questionnaire designed by the researchers. The questionnaire was validated by 3 experts, while the internal consistency of the questionnaire items was determined using Cronbach alpha method which yielded a reliability coefficient of 0.88. The data collected were analysed using mean and standard deviation to answer the research questions while t-test statistic was used to test the null hypotheses at 0.05 level of significance. The study found out that Tertiary Education Tax Fund (TETFUND), students’ tuition fee, research grants, the Federal and State Government budgetary allocation are the major sources of financing vocational and technical education. Absence of direct policy on vocational and technical education financing, non-inclusion of vocational and technical education experts in policymaking and absence of policy to checkmate indiscipline and corruption of the leaders were found to be the policy problems in financing vocational and technical education. The researchers recommend among others that policy formulations relating to vocational and technical education should be handled by VTE specialist but not just education experts. Keyword: Policy, Policy problems, financing, vocational and technical education, technological advancement. DOI : 10.7176/JLPG/91-11 Publication date: November 30 th 2019