Provision is made in the Education Act for the establishment of institution for further education of children over compulsory school age . To this end , the college of the Bahamas , a Government-sponsored institution established in 1974 , is housed on one campus situated on New Providence Island and offers a wide range of programmes leading to Advanced Level General Certificate of Education ( G.C.E . ) London , and baccalaureate degrees in social work , education , banking , nursing and hotel hospitality .