The Debt Trap: How Developing Countries Are Sacrificing Education for Foreign Loans The latest report from UNESCO paints a stark picture of the debt crisis afflicting developing countries.
In 113 nations, governments spent less on education than they did on servicing their foreign debts in 2025. Sub Saharan Africa's nations devoted a staggering 3.
6 times as much to debt repayment as they did to education. The precipitous decline of aid to education worldwide is hardly surprising.