President John Mahama has revealed that Ghana has saved GH₵282 million by its decision to to stop paying allowances to teacher trainees and get them to access students’ loans instead.
Speaking to students of the University of Education, Winneba, as part of his ‘Accounting to the People tour’ of the Central region, Mahama explained that swapping the allowance with the loan scheme would help address the inequality in funding teacher education at all levels in the country.
He said in the past, apart from the huge cost implication for the national budget, payment of allowances to trainee teachers compelled governments to reduce the number of students entering into the college of education.
"All the colleges were given a quota up to which they could admit because of the implication for the national budget. This system meant that even highly qualified SHS graduates willing and able to enroll as teacher trainees found themselves wickedly denied access because the colleges could not admit them as a result of the quota system,” he said.
The president said the Ghc282milion saved from cancelling payment of the allowances would be invested in expanding educational infrastructure, so that more teachers could be employed.
‘We need more money to build more schools, to build more community schools,” he said.