The study examines the various aspects of the existing policy on higher education and proposes a paradigm shift in order to promote academic research improve standards of instruction as well as accessibility to higher education, . The recommendations include fostering a policy of credit transfer between different types of post-secondary institutes and different programs while at the same time developing policy and practice for life-long learning. Such a shift can be implemented provided changes in existing policy and that regulation of higher education is changed toward greater freedom for individual institutes in planning and implementation.