Residents of Bulan are now looking forward to its cityhood because of its rapid-economic growth considering the fact that it is cited as the richest municipality in the province and 5th among the 1st class municipalities in Bicol Region with an average annual income of Php 58.8M. If it happens, Bulan will be the second city in the province and will be the 8th in the region. Major exports of this town are from its coastal waters, agricultural lands produce rice, copra, abaca fiber. Most of the revenues come from the fishing port of Bulan and businesses. There is one commercial bank in Bulan, the Philippine National Bank (with 2 ATMs), a rural bank Rural Bank of San Jacinto, Masbate, Camalig Bank, and the Producer’s Bank. There are also lending institutions like Intertrade, GSAC, and PALFSI that are very popular to SMEs.
The Primary Education in Bulan is divided into two Districts, the Bulan North District comprising all the Barangays towards the north coastal Barangays, to the interior land locked northern Barangays. The Bulan South District comprises the southern Coastal Barangays.
Secondary educationBulan has many secondary educational institutions. The largest public high school is Bulan National High School. Formerly, it was the Bulan High School/Bulan Vocational High School, before the former was converted into Sorsogon State College Bulan Campus. BNHS has satellite Campuses at Barangays Otavi, Beguin, J.P. Laurel, San Juan Bag-o. There is also a Secondary School in San Francisco, one of the biggest Barangay of Bulan. The San Franscisco National High School. On the coastal area, Quezon National High School,is one and only coastal high school in the area. Where students from nearby barangays (Osmeña, Aguinaldo, Sagrada and even Coron-Coron & Sua – part of Municipality of Matnog, use to send their students. The only school to represent major national events as headed by Mrs. Adelia O. Gregorio (Principal), Mr. Renato B. Gallenito and their co-teachers (by: HBF). There are various private secondary schools. The St. Louise De Marillac School (Formerly Colegio de la Inmaculada Concepcion) a Catholic school run by the Daughters of Charity religious congregation, Saint Bonaventure Academy of Butag, the Southern Luzon Institute-Kenerino Ramirez Asuncion Memorial School (SLI-KRAMS) were the oldest school in Bulan, Solis Institute of Technology, and A.G. Villaroya Technological Foundation Institute.
Tertiary education- Sorsogon State University – Bulan Campus
- R.G. De Castro Colleges (formerly Quezon Academy) SLI-KRAMS
- Solis Institute of Technology
- A.G. Villaroya (Post-Secondary courses only)
Alternative Learning System (non-formal education)
Aside from the formal education system, a parallel alternative learning system program is incorporated in the education system to provide a viable alternative to the existing formal education structure. It encompasses both the non-formal and informal sources of knowledge and skills such as those acquired at home, the church, media, environment or even the life itself and span the pre-literacy to higher skills continuum.
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There are two major existing programs implemented.
1) Basic Literacy Program
2)Accreditation and Equivalency (A & E).
ALS implementers such as Mobile Teachers and District ALS Coordinators were the one administer the implementation of the programs. It is intended for Out-of-School Youth and Adults who are unschooled or school drop-out. For more inquiries look for Bulan South and Bulan North Districts ALS implementers.