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   ocr: The Philippines has one of1 the highest literacy rates among developing countries. The education system is based on the US model, but characterized by many private schools. Sectarianism in education is 01011011 the Chinese community has its own schools. Most colleges - and universities are also run privately. The universities ofSan Carlos in Cebu city and Santo l'omas in. Manila are Spanish colonial foundations, dating from 1595 - and1611 respectively.