The Global South is being forced to choose creditors over children
OPINIONOPINION, Opinion|EducationThe Global South is being forced to choose creditors over childrenThe education of hundreds of millions of children is at risk because of the current global financial order. Its financial system tells a different story.New figures released by UNESCO show that 113 countries with a total population of 6.1 billion now spend more on servicing debt than educating their people. In low-income countries, debt payments are nearly four times education expenditure.
- ▪OPINIONOPINION, Opinion|EducationThe Global South is being forced to choose creditors over childrenThe education of hundreds of millions of children is at risk because of the current global financial order.
- ▪Its financial system tells a different story.New figures released by UNESCO show that 113 countries with a total population of 6.1 billion now spend more on servicing debt than educating their people.
- ▪In low-income countries, debt payments are nearly four times education expenditure.
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OPINIONOPINION, Opinion|EducationThe Global South is being forced to choose creditors over childrenThe education of hundreds of millions of children is at risk because of the current global financial order. We need changeBy Ilan KapoorPublished On 25 Jul 202625 Jul 2026SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoAfghan students are seen in front of a school in Kabul, Afghanistan on May 10, 2022 [Ali Khara/Reuters]The world claims to regard education as a universal right. Its financial system tells a different story.New figures released by UNESCO show that 113 countries with a total population of 6.1 billion now spend more on servicing debt than educating their people.
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