As
unemployment continue to rise in most countries due to
high rate of inflation, most graduates no longer make use of their university
degree certificates in their country of origin but as the same time, there are
lot of job opportunities in most countries enjoying buoyant economy.
Foreign
job advertisements are bombarding the media both online and offline demanding
for foreign job applicants; but there is a problem; most degree certificates
are not academically valuable in those countries with buoyant economy where foreign job opportunities abound
according to foreign credential evaluation experts and consequently, cannot meet up
the required standard suitable for employment
at that particular job they are interested in.
Most
graduates get frustrated abroad as one with a Doctorate Degree become devalued
to Bachelor or Associate Degree equivalent. Consequently, most graduates get
employed and earning poor salary working as a Cleaner, Gardener, Messenger,
etc; the kind of job they had never thought about; but have no choice in a foreign land. Therefore
they have to read all over again by enrolling with any of those institutions in
those countries in order to upgrade their educational standard in conformity
with the national standard of those countries while working overseas.
National Economic Standard Evaluation
The
educational standard of any country is dependent on her economic standard from Primary, Secondary and Tertiary
institutions and including the Military such as the Police, the Armies and
other security agents based on the fact
that their institutions, teachers and students are maintained based on their
own economic standard and based on the fact that the poorer the economy, the
poorer the educational standard; consequently, their teachers earn poor
salaries and cannot provide basic educational facilities and related infrastructures and conducive environment for
studies.
The rich
among them would send their children abroad to earn their
college or university degrees. There will be too much dependent on foreign
developmental aids from multilateral and bilateral sources such the Word Bank
group, EEC, United Nations agencies
(such as UNICIEF, and UNESCO) and several others but will not be enough
as population continue to increase in those countries so their demand will
increase specially in war torn regions.
Based on
this development, countries are classified into Three major categories by
member nations of the Organization For Economic Cooperation and Development (OECD) based
on individual national Gross Domestic Products (GDP) according to international press reports published in the '80's and '90's. So we have Developed,
Developing and Least Developed Countries in the world putting into consideration the associate risk involved in terms of developmental aid packages. Consequently, development assistance from
Bilateral and Multilateral source is much dependent on the category the country
belong . Take for an example, a World
Bank loan given to a country within the first category will have shorter term
to pay off while that of the second category, will have longer term to pay and
the third in the least category will have the longest term to pay and other
terms and condition in the loan packages vary greatly from one category to
another. Consequently, countries are not treated equally in terms of
developmental aid deal specially from the Multilateral sources and likewise the
donor quota varies against individual member country of the organization.
Therefore
foreign credential evaluation experts put into consideration these factors based on the fact that the economic
standard of the country also reflect on her educational standard dependent on
her economic category. Therefore, the economic value and standard of the degree
certificate is dependent on the awarding institution and the category of the
county of orgin
Most
graduates enrolling in distance learning programme
consider the country of origin of the
institution taking into consideration her economic and educational standard
equivalent among the developed and some
developing countries where foreign job
opportunities abound either for employment or for further studies.
Foreign job
opportunities are created based on economic factors; the more inflation
increases in those countries, the more the demand for the importation of
products and services specially from those developed countries increases . In order to create foreign job opportunities
in most factories and other multinational businesses, most citizens enjoying buoyant
economy, are upgraded to higher paid jobs positions creating vacuum for
foreigners with the required qualification to occupy those vacant positions.
Although the salary range earn by these foreigners is considered low but have a very high foreign
exchange rate- some upto two to three times the salary earned by graduates in
their country of origin. So earning the ‘HARD CURRENCY’ is the point
of attraction to the foreign job seekers.
Most universities
are established with the Western educational influence like the Western Orthodox
University and European-American University as both names apply. The Western
Orthodox University, which is the parent body of the European-American university was
registered in the Commonwealth of Dominican being one of those Low Tax Offshore regions. The later had gained a Royal
Chartered from the sub-national government of Uganda and Ghana making it have
a strong presence in West Africa region whose background is both Italy and the United States being one of those
developed countries in the world.
Evidently, the Western Orthodox University is
one of those ancient religious institutions in the world accredited by Pontifical
Terbarina Rome Italy during the reign of Pope Leo XII in 1829 and accredited by the Association of Anglican
Colleges and School in the United States in 1945
Her incorporation in one of those Low Tax Offshore region (like
other multinational companies operating in those regions) is to enable her
offer her distance learning programme at affordable cost to prospective students across the globe
compare to other distance learning
institutions from other countries.
Against this
background, foreign credential evaluation experts recognized both universities
as those from the developed Western nations. Evidently, European-American
University educational standard was comparable to that of the United States Standard according to evaluation experts of the
California University.