Education is costly, and higher education is the most costly of all. But it is
also an investment, a very profitable investment, and the money spent in
coordinating, strengthening, and expanding higher education in Ethiopia is
well invested. We are proud of Our people's recognition of the value of
education. Their concerted effort in the building of schools and other social
activities is most gratifying. Educational institutions, unlike business
enterprises, do not exist and operate for profits in dollars and cents. They
exist to perform public services, and they are judged by the effectiveness and
economy with which they perform these services.
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Haile Selassie the First - December 19, 1961
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