How much lending takes place in the area of tertiary education?
What is Tertiary Education and why is it important? Tertiary education broadly refers to all post-secondary education, including but not limited to universities. Universities are clearly a key part of all tertiary systems, but the diverse and growing set of public and private tertiary institutions in every country—colleges, technical training institutes, community colleges, nursing schools, research laboratories, centers of excellence, distance learning centers, and many more—forms a network of institutions that support the production of the higher-order capacity necessary for development. What has the World Bank been doing to support tertiary education? The World Bank has been active since 1963 in supporting the growth and diversification of tertiary education systems in developing countries and in promoting essential policy reforms to make the sector more efficient, relevant, equitable, transparent, and responsive. In the 1970s and 1980s much of the support provided by World Bank ter