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INCREDIBLE! NIGERIANS SPEND N47BILLION YEARLY AT US VARSITIES

1 min read

Graduating students
Graduating students

A recent survey conducted by an agency in the United States of America has revealed that each year Nigerians spend N47billion on acquiring certificates in the country.
According to the report, “Nigerians earn doctorates at stunningly high rates … [these] groups have a cultural edge, which enables them to take advantage of opportunity far more than others.”
The report also stated that Nigerians make up less than 1 percent of the black population in the United States, yet in 2013 nearly one-quarter of the black students at Harvard Business School were of Nigerian ancestry; over a fourth of Nigerian-Americans have a graduate or professional degree, as compared with only about 11 percent of whites.
USA
In the US, Nigeria has the largest number of students from any African nation—just under 8,000 last year. They spent $241 million (N46 705, 800, 000) on getting undergraduate and post-graduate degrees in 2013 to 2014, according to Institute of International Education. The official figures have near tripled since 1996 to ’97 as more Nigerians seek quality higher education at a relatively exorbitant cost to studying at home; meanwhile, the number of universities in Nigeria has rocketed from just over 30 in the early 1990s to around 130 today. A degree is the best way to get a good middle-class job in a very competitive market.