The literacy rate for the adult population was already 91.1 by 1998. In 2008, 95.2% of the adult population was literate. Net primary school enrollment rate was at 91% in 2005. Net secondary enrollment rate was at 63% in 2005. Venezuela has a number of universities, of which the most prestigious are the Central University of Venezuela (UCV), founded in Caracas in 1721, the University of the Andes (ULA), founded in Mérida State in 1810, and Simón Bolívar University (USB), founded in Miranda State in 1967.
