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European Commission plans to invest 2,5 billions in education

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The European Commission is reconfirming its commitment to creating an education system that will serve each student equally well regardless of their individual circumstances. Education quality remains on top of the EC’s Development Agenda well beyond 2015.

Development Commissioner Andris Piebalgs is expected to announce that a full 20% of the commission’s aid budget will go towards human development and social inclusion of which education is a part. A total of 2.5 billion Euros will be allocated to improve academics not only within the borders of EC members, but over the entire world.

At least 1.5 billion Euros will go towards funding a so-called Erasmus for All program allowing students from EU countries to transfer to any college around the world.

Androulla Vassiliou, Commissioner for Education, Culture, Multilingualism and Youth welcomed the increased education funding, pointing out that common problems that hold students back from academic success – such as lack of literacy or numeracy skills – are problems worldwide, not just in developing countries. Making sure that EC students can read better will go a long way to improving the community’s long-term economic outlook.

Commissioner Vassiliou will also highlight a range of successful European best practices promoting literacy at the conference. Her examples are expected to draw on recommendations made by an EU high level group on literacy. The Commissioners are also expected to emphasise the need for better quality education and more accountability, so that there is more information available locally in the countries in which the EU works on how schools are run, the resources available and their use.

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